In search of equilibrium : estimating equilibrium real exchange rates in Sub-Saharan African countries /

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Bibliographic Details
Author / Creator:Chudik, Alexander, author.
Imprint:[Washington, D.C.?] : International Monetary Fund, ©2007.
Description:1 online resource (39 pages) : illustrations
Language:English
Series:IMF working paper ; WP/07/90
IMF working paper ; WP/07/90.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496995
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Other authors / contributors:Mongardini, Joannes, 1970- author.
ISBN:1282584197
9781282584198
Notes:Includes bibliographical references (pages 36-39).
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Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
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Print version record.
Summary:This paper presents a methodology to estimate equilibrium real exchange rates (ERER) for Sub-Saharan African (SSA) countries using both single-country and panel estimation techniques. The limited data set hinders single-country estimation for most countries in the sample, but panel estimates are statistically and economically significant, and generally robust to different estimation techniques. The results replicate well the historical experience for a number of countries in the sample. Panel techniques can also be used to derive out of sample estimates for countries with a more limited data set.
Other form:Print version: Chudik, Alexander. In search of equilibrium. [Washington, D.C.?] : International Monetary Fund, ©2007