Estimation of Equilibrium Exchange Rates in the WAEMU : A Robustness Analysis /

Using the FEER approach we investigate the long-run equilibrium paths of the real effective exchange rates (REERs) of countries in the West African Economic and Monetary Union (WAEMU). In an attempt to address econometric estimation uncertainty, we employ both single-country (Johansen and ARDL) and...

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Bibliographic Details
Main Author: Saxegaard, Magnus
Other Authors: Roudet, Stephane, Tsangarides, Charalambos
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/194
Online Access:Full text available on IMF