Estimating Iceland's Real Equilibrium Exchange Rate /

Given recent developments in Iceland, this paper evaluates its real exchange rate disequilibrium. It discusses three approaches to estimating the equilibrium values and suggests that the adjustment needed to bring the real exchange rate in line with fundamentals is in the range of 15-25 percent, alt...

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Xehetasun bibliografikoak
Egile nagusia: Tchaidze, Robert
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2007.
Saila:IMF Working Papers; Working Paper ; No. 2007/276
Sarrera elektronikoa:Full text available on IMF