Estimation of a Behavioral Equilibrium Exchange Rate Model for Ghana /

The paper estimates a behavioral equilibrium exchange rate model for Ghana. Regression results show that most of the REER's long-run behavior can be explained by real GDP growth, real interest rate differentials (both relative to trading-partner countries), and the real world prices of Ghana�...

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Bibliographic Details
Main Author: Loukoianova, Elena
Other Authors: Iossifov, Plamen
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/155
Online Access:Full text available on IMF