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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Oomes, Nienke
Awduron Eraill: Minasyan, Gohar, Stepanyan, Ara, Stepanyan, Vahram
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2009.
Cyfres:IMF Working Papers; Working Paper ; No. 2009/049
Mynediad Ar-lein:Full text available on IMF