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...

Descripción completa

Detalles Bibliográficos
Autor principal: Pineda, Emilio
Otros Autores: Cashin, Paul, Sun, Yan
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2009.
Colección:IMF Working Papers; Working Paper ; No. 2009/078
Acceso en línea:Full text available on IMF