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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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1995.
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Series: | IMF Working Papers; Working Paper ;
No. 1995/045 |
Online Access: | Full text available on IMF |