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01617cas a2200253 a 4500 |
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|c 5.00 USD
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|z 9781451869705
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Ding, Shuang.
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|a Estimating Equilibrium Exchange Rates for Armenia and Georgia /
|c Shuang Ding, Omar Al Shehabi.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2008.
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|a 1 online resource (21 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The significant real exchange rate appreciation in Armenia and Georgia since 2003, coupled with persistent current account deficits, raises the question of whether real exchange rates have become overvalued. This paper seeks to identify possible exchange rate misalignment by applying the behavioral equilibrium exchange rate approach, complemented by an analysis of the traditional competitiveness indicators. The results indicate an undervaluation of the Armenian dram and no significant misalignment of the Georgian lari in 2006.
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|a Mode of access: Internet
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|a Al Shehabi, Omar.
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|a IMF Working Papers; Working Paper ;
|v No. 2008/110
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2008/110/001.2008.issue-110-en.xml
|z IMF e-Library
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