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...
Huvudupphovsman: | |
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Övriga upphovsmän: | , , |
Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2009.
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Serie: | IMF Working Papers; Working Paper ;
No. 2009/049 |
Länkar: | Full text available on IMF |