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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Pineda, Emilio
Altri autori: Cashin, Paul, Sun, Yan
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Working Papers; Working Paper ; No. 2009/078
Accesso online:Full text available on IMF