The Leading eBooks Store Online 4,272,009 members ⚫ 1,419,367 ebooks

New to eBooks.com?

Learn more

Estimation of a Behavioral Equilibrium Exchange Rate Model for Ghana

Estimation of a Behavioral Equilibrium Exchange Rate Model for Ghana by Elena Loukoianova
Buy this eBook
US$ 9.00
(If any tax is payable it will be calculated and shown at checkout.)
The paper estimates a behavioral equilibrium exchange rate model for Ghana. Regression results show that most of the REER's long-run behavior can be explained by real GDP growth, real interest rate differentials (both relative to trading-partner countries), and the real world prices of Ghana's main export commodities. On the basis of these fundamentals, the REER in late 2006 was found to be very close to its estimated equilibrium level. The results also suggest, that deviations from the equilibrium path are eliminated within two to three years.
International Monetary Fund; July 2007
21 pages; ISBN 9781451998412
Read online, or download in secure EPUB or secure PDF format
Title: Estimation of a Behavioral Equilibrium Exchange Rate Model for Ghana
Author: Elena Loukoianova; Plamen Iossifov
 
ISBNs
1451998414
9781451867190
9781451911725
9781451998412