Real Exchange Rate Misalignment : A Panel Co-Integration and Common Factor Analysis /
We combine some newly developed panel co-integration techniques and common factor analysis to analyze the behavior of the real exchange rate (RER) in a sample of 64 developing countries. We study the dynamic of the RER with its economic fundamentals: productivity, the terms of trade, openness, and g...
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| Άλλοι συγγραφείς: | |
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Σειρά: | IMF Working Papers; Working Paper ;
No. 2005/164 |
| Διαθέσιμο Online: | Full text available on IMF |