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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Oomes, Nienke
مؤلفون آخرون: Minasyan, Gohar, Stepanyan, Ara, Stepanyan, Vahram
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2009.
سلاسل:IMF Working Papers; Working Paper ; No. 2009/049
الوصول للمادة أونلاين:Full text available on IMF