Competitiveness in Bulgaria : An Assessment of the Real Effective Exchange Rate /

This paper presents an empirical analysis of the medium- and long-term determinants of the real (effective) exchange rate (RER) of the Bulgarian lev using elements from the natural real exchange rate (NATREX) and the behavioral equilibrium exchange rate (BEER) approaches. The results indicate that t...

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Detalhes bibliográficos
Autor principal: Sorsa, Piritta
Outros Autores: Chobanov, Dimitar
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
Colecção:IMF Working Papers; Working Paper ; No. 2004/037
Acesso em linha:Full text available on IMF