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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| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2005/065 |
| Online dostop: | Full text available on IMF |