In Search of a Dramatic Equilibrium: Was the Armenian Dram Overvalued?
This papers estimates the equilibrium exchange rate for Armenia using three different approaches: the purchasing power parity (PPP) approach, the behavioral equilibrium exchange rate (BEER) approach, and the external sustainability (ES) approach. All three approaches suggest that the dram was overva...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2009
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Schriftenreihe: | IMF Working Papers
Working Paper No. 09/49 |
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 papers estimates the equilibrium exchange rate for Armenia using three different approaches: the purchasing power parity (PPP) approach, the behavioral equilibrium exchange rate (BEER) approach, and the external sustainability (ES) approach. All three approaches suggest that the dram was overvalued by about 20-30 percent prior to the devaluation of the dram in March 2009 |
Beschreibung: | 1 Online-Ressource (22 p) |
ISBN: | 145187197X 9781451871975 |
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spelling | Oomes, Nienke Verfasser aut In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? Oomes, Nienke Washington, D.C International Monetary Fund 2009 1 Online-Ressource (22 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 09/49 This papers estimates the equilibrium exchange rate for Armenia using three different approaches: the purchasing power parity (PPP) approach, the behavioral equilibrium exchange rate (BEER) approach, and the external sustainability (ES) approach. All three approaches suggest that the dram was overvalued by about 20-30 percent prior to the devaluation of the dram in March 2009 Online-Ausg Minasyan, Gohar Sonstige oth Stepanyan, Ara Sonstige oth Stepanyan, Vahram Sonstige oth http://elibrary.imf.org/view/IMF001/10005-9781451871975/10005-9781451871975/10005-9781451871975.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Oomes, Nienke In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? |
title | In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? |
title_auth | In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? |
title_exact_search | In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? |
title_exact_search_txtP | In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? |
title_full | In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? Oomes, Nienke |
title_fullStr | In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? Oomes, Nienke |
title_full_unstemmed | In Search of a Dramatic Equilibrium Was the Armenian Dram Overvalued? Oomes, Nienke |
title_short | In Search of a Dramatic Equilibrium |
title_sort | in search of a dramatic equilibrium was the armenian dram overvalued |
title_sub | Was the Armenian Dram Overvalued? |
url | http://elibrary.imf.org/view/IMF001/10005-9781451871975/10005-9781451871975/10005-9781451871975.xml |
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