Equilibrium Exchange Rates In Transition Economies
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| Google books | books.google.com |
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| Originally published | 1996 |
| Authors | Charles Wyplosz |
| Lionel Halpern | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2076750 |
About Equilibrium Exchange Rates In Transition Economies
A stylized fact of the transition process is an early profound exchange rate depreciation followed by continuing real appreciation. Absent historical reference points, it is difficult to judge whether the real appreciation is threatening competitiveness. . . .