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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Автор: Oomes, Nienke
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2005.
Серія:IMF Working Papers; Working Paper ; No. 2005/065
Онлайн доступ:Full text available on IMF