Verfügbarkeit: Competitiveness in Bulgaria

Competitiveness in Bulgaria: An Assessment of the Real Effective Exchange Rate

This paper presents an empirical analysis of the medium- and long-term determinants of the real (effective) exchange rate (RER) of the Bulgarian lev using elements from the natural real exchange rate (NATREX) and the behavioral equilibrium exchange rate (BEER) approaches. The results indicate that t...

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Bibliographische Detailangaben
1. Verfasser:	Sorsa, Piritta (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2004
Schriftenreihe:	IMF Working Papers Working Paper No. 04/37
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper presents an empirical analysis of the medium- and long-term determinants of the real (effective) exchange rate (RER) of the Bulgarian lev using elements from the natural real exchange rate (NATREX) and the behavioral equilibrium exchange rate (BEER) approaches. The results indicate that the RER is driven by fundamentals, including labor productivity, terms of trade, world real interest rates, gross savings, and foreign direct investment. The model also shows that there is no significant misalignment of the Bulgarian lev
Beschreibung:	1 Online-Ressource (25 p)
ISBN:	145184560X 9781451845600

Internformat

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spelling	Sorsa, Piritta Verfasser aut Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate Sorsa, Piritta Washington, D.C International Monetary Fund 2004 1 Online-Ressource (25 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/37 This paper presents an empirical analysis of the medium- and long-term determinants of the real (effective) exchange rate (RER) of the Bulgarian lev using elements from the natural real exchange rate (NATREX) and the behavioral equilibrium exchange rate (BEER) approaches. The results indicate that the RER is driven by fundamentals, including labor productivity, terms of trade, world real interest rates, gross savings, and foreign direct investment. The model also shows that there is no significant misalignment of the Bulgarian lev Online-Ausg Chobanov, Dimitar Sonstige oth http://elibrary.imf.org/view/IMF001/01320-9781451845600/01320-9781451845600/01320-9781451845600.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Sorsa, Piritta Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate
title	Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate
title_auth	Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate
title_exact_search	Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate
title_exact_search_txtP	Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate
title_full	Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate Sorsa, Piritta
title_fullStr	Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate Sorsa, Piritta
title_full_unstemmed	Competitiveness in Bulgaria An Assessment of the Real Effective Exchange Rate Sorsa, Piritta
title_short	Competitiveness in Bulgaria
title_sort	competitiveness in bulgaria an assessment of the real effective exchange rate
title_sub	An Assessment of the Real Effective Exchange Rate
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