Growth, Nontradables, and Price Convergence in the Baltics /

This paper reviews the recent real exchange rate appreciation observed in the three Baltic countries. Until now, this phenomenon may be viewed primarily as a consequence of the undervalued real exchange rates of the new currencies. Looking ahead, a tendency for continued real appreciation is to be e...

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Hlavní autor: Richards, Anthony
Další autoři: Tersman, Gunnar
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1995.
Edice:IMF Working Papers; Working Paper ; No. 1995/045
On-line přístup:Full text available on IMF