The Equilibrium Real Exchange Rate of the Malagasy Franc : Estimation and Assessment /

Employing cointegration techniques, the long-run determinants of Madagascar's real exchange rate are examined from a stock-flow perspective. The long-run behavior of the real effective exchange rate is explained by the net foreign asset position and factors affecting trade flows. An index of th...

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Tác giả chính: Cady, John
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2003.
Loạt:IMF Working Papers; Working Paper ; No. 2003/028
Truy cập trực tuyến:Full text available on IMF