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Sustainable Real Exchange Rates in the New Eu Member States

What Did the Great Recession Change?

Sustainable Real Exchange Rates in the New Eu Member States( )
Author: Smídková, Katerina
Babecky, Jan
Bulir, Ales
Series title:IMF Working Papers
ISBN:978-1-4623-8903-2
Publication Date:Aug 2010
Publisher:International Monetary Fund
Book Format:Ebook
List Price:USD $9.00
Book Description:

The Great Recession affected export and import patterns in our sample countries, and these changes, coupled with a more volatile external environment, have profound impact on our estimates of real exchange rate misalignments and projections of sustainable real exchange rates. We find that real misalignments in several countries with pegged exchange rates and excessive external liabilities widened relative to earlier estimates. While countries with balanced net trade positions are...
More Description

Book Details
Pages:25
Physical Dimensions (W X L X H):8.5 x 11 x 0.1 Inches



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