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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Détails bibliographiques
Auteur principal: Yehoue, Etienne
Autres auteurs: Dufrenot, Gilles
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2005.
Collection:IMF Working Papers; Working Paper ; No. 2005/164
Accès en ligne:Full text available on IMF