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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Bibliographic Details
Main Author: Pineda, Emilio
Other Authors: Cashin, Paul, Sun, Yan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/078
Online Access:Full text available on IMF