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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Smidkova, Katerina
Tác giả khác: Bulir, Ales
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2005.
Loạt:IMF Working Papers; Working Paper ; No. 2005/027
Truy cập trực tuyến:Full text available on IMF