Equilibrium Exchange Rates of Central and Eastern European Countries on the Road to the European Monetary Union

Language: English

Published by Peter Lang, 2005

3631542437 / 9783631542439

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Druck auf Anfrage Neuware - Printed after ordering - The upcoming enlargement of the European Monetary Union involves the selection of appropriate reference rates at which the exchange rates of the accession countries will be fixed against the euro in order to avoid economic distortions as consequences of serious exchange rate misalignments. Determination of an exchange rate that is neither undervalued nor overvalued raises the issue of equilibrium exchange rates. Based on time series as well as panel estimation techniques three different concepts - BEER, PEER and PPP - are applied in this study to calculate equilibrium exchange rate levels for ten Central and Eastern European countries. The results indicate significant real misalignments in a number of accession countries.; Dissertationsschrift.

Seller Inventory # 9783631542439

Title
Equilibrium Exchange Rates of Central and Eastern European Countries on the Road to the European Monetary Union
Author
Jörg Rahn
Publisher
Peter Lang
Publication year
2005
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3631542437
ISBN 13
9783631542439
Item weight
270 grams
Dimensions
210x148x11 mm

AHA-BUCH GmbH

Einbeck, Germany

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