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...

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Podrobná bibliografie
Hlavní autor: Oomes, Nienke
Další autoři: Minasyan, Gohar, Stepanyan, Ara, Stepanyan, Vahram
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2009.
Edice:IMF Working Papers; Working Paper ; No. 2009/049
On-line přístup:Full text available on IMF

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