Exchange Rates in the New EU Accession Countries : What Have We Learned from the Forerunners? /

Estimation and simulation of sustainable real exchange rates in some of the new EU accession countries point to potential difficulties in sustaining the ERM2 regime if entered too soon and with weak policies. According to the estimates, the Czech, Hungarian, and Polish currencies were overvalued in...

Celý popis

Podrobná bibliografie
Hlavní autor: Smidkova, Katerina
Další autoři: Bulir, Ales
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2005.
Edice:IMF Working Papers; Working Paper ; No. 2005/027
On-line přístup:Full text available on IMF