BIBLIOTECA MANUEL BELGRANO - Facultad de Ciencias Económicas - UNC

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Armenia : an assessment of the real exchange rate and competitiveness / Anke Weber, Chunfang Yang. [recurso electrónico]

Por: Colaborador(es): Tipo de material: TextoTextoSeries IMF working paper ; no. WP/11/20Detalles de publicación: Washington, D.C. : International Monetary Fund, 2011Descripción: 1 recurso en línea (40 p.)Tema(s): Clasificación CDD:
  • 21 332.456
Recursos en línea: Resumen: This paper uses a range of different methodologies to estimate the equilibrium real exchange rate in Armenia with both single-country and panel estimation techniques. We estimate a country specific autoregressive distributed lag model and then proceed with the estimation of a cointegrated panel consisting of transition economies in Europe and Central Asia. This addresses cross section dependence by using common correlated effects estimators. While our analysis focuses on Armenia, the methods are applicable to a large number of transition economies, and the paper thus provides an overview of methods that can be used to assess a country’s equilibrium exchange rate.
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Tipo de ítem Biblioteca actual Signatura Estado Fecha de vencimiento Código de barras
Libro electrónico Libro electrónico Biblioteca Manuel Belgrano Recurso en línea (Navegar estantería(Abre debajo)) Disponible

Bibliografía: p. 29-31.

This paper uses a range of different methodologies to estimate the equilibrium real exchange rate in Armenia with both single-country and panel estimation techniques. We estimate a country specific autoregressive distributed lag model and then proceed with the estimation of a cointegrated panel consisting of transition economies in Europe and Central Asia. This addresses cross section dependence by using common correlated effects estimators. While our analysis focuses on Armenia, the methods are applicable to a large number of transition economies, and the paper thus provides an overview of methods that can be used to assess a country’s equilibrium exchange rate.

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