In Search of a Dramatic Equilibrium : Was the Armenian Dram Overvalued? /
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 overva...
| Hlavní autor: | |
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| Další autoři: | , , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2009.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2009/049 |
| On-line přístup: | Full text available on IMF |