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...

Полное описание

Библиографические подробности
Главный автор: Richards, Anthony
Другие авторы: Tersman, Gunnar
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1995.
Серии:IMF Working Papers; Working Paper ; No. 1995/045
Online-ссылка:Full text available on IMF