The Equilibrium Real Exchange Rate in a Commodity Exporting Country : Algeria's Experience /

Drawing on the existing literature, I estimate a long-run equilibrium real exchange rate path for Algeria. I find that the Balassa-Samuelson effect together with real oil prices explain the long-run evolution of the equilibrium real exchange rate in Algeria. The half-life of the deviation of the rea...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Koranchelian, Taline
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2005.
Sarja:IMF Working Papers; Working Paper ; No. 2005/135
Linkit:Full text available on IMF