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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Chi tiết về thư mục
Tác giả chính: Oomes, Nienke
Tác giả khác: Minasyan, Gohar, Stepanyan, Ara, Stepanyan, Vahram
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2009.
Loạt:IMF Working Papers; Working Paper ; No. 2009/049
Truy cập trực tuyến:Full text available on IMF