Bivariate Assessments of Real Exchange Rates Using PPP Data /

This paper focuses on assessments of real exchange rates using PPP data and examines their limitations when these are based exclusively on bivariate estimations. It begins by presenting an analytical framework of the real exchange rate that shows that these estimations make many restrictive assumpti...

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Bibliographic Details
Main Author: Zalduendo, Juan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/153
Online Access:Full text available on IMF