Hidden Bibliographic Details
| Other authors / contributors: | Cashin, Paul, author.
Sun, Yan, 1959- author.
International Monetary Fund. Western Hemisphere Department.
|
|---|
| ISBN: | 9781451872255
1451872259
|
|---|
| Digital file characteristics: | data file
|
|---|
| Notes: | At head of title: Western Hemisphere Department.
"April 2009."
Includes bibliographical references (pages 37-41).
Print version record.
|
|---|
| Summary: | 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 approach is used to explore sources of real exchange rate fluctuations in ECCU countries. And third, a macroeconomic balance approach is used to estimate equilibrium current account or current account "norms". The main finding of these analyses is that there is little evidence of overvaluation of.
|
|---|
| Other form: | Print version: Pineda, Emilio, 1974- Assessing exchange rate competitiveness in the eastern Caribbean currency union. [Washington, D.C.] : International Monetary Fund, ©2009
|
|---|
