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|c 5.00 USD
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|z 9781451871975
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Oomes, Nienke.
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|a In Search of a Dramatic Equilibrium :
|b Was the Armenian Dram Overvalued? /
|c Nienke Oomes, Vahram Stepanyan, Gohar Minasyan, Ara Stepanyan.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (22 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 This papers estimates the equilibrium exchange rate for Armenia using three different approaches: the purchasing power parity (PPP) approach, the behavioral equilibrium exchange rate (BEER) approach, and the external sustainability (ES) approach. All three approaches suggest that the dram was overvalued by about 20-30 percent prior to the devaluation of the dram in March 2009.
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|a Mode of access: Internet
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|a Minasyan, Gohar.
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|a Stepanyan, Ara.
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|a Stepanyan, Vahram.
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|a IMF Working Papers; Working Paper ;
|v No. 2009/049
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2009/049/001.2009.issue-049-en.xml
|z IMF e-Library
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