FEER for the CFA Franc /

We apply the fundamentals equilibrium exchange rate (FEER) approach and the Johansen cointegration methodology to investigate the behavior of the real effective exchange rates of the two monetary unions of the CFA franc zone (CEMAC and WAEMU) vis-a-vis their long-run equilibrium paths. For both CEMA...

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Bibliographic Details
Main Author: Tsangarides, Charalambos
Other Authors: Abdih, Yasser
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/236
Online Access:Full text available on IMF