Assessing Exchange Rate Competitiveness in the Eastern Caribbean Currency Union /

This paper uses three methods to assess movements of real exchange rates in the ECCU over time. First, the purchasing power parity hypothesis is tested and then used to provide a benchmark for equilibrium real exchange rates in the region. Second, a fundamentals-based equilibrium real exchange rate...

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Autor principal: Pineda, Emilio
Altres autors: Cashin, Paul, Sun, Yan
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2009.
Col·lecció:IMF Working Papers; Working Paper ; No. 2009/078
Accés en línia:Full text available on IMF