Maintaining Competitiveness Under Equilibrium Real Appreciation : The Case of Slovakia /

This paper evaluates competitiveness in Slovakia and estimates the equilibrium real exchange rate for the koruna. Slovak wages and prices are found to have been relatively low even when adjusted for differences in relative income and productivity, suggesting an undervalued real exchange rate. Howeve...

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Autor principal: Oomes, Nienke
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2005.
Col·lecció:IMF Working Papers; Working Paper ; No. 2005/065
Accés en línia:Full text available on IMF