Exchange rate misalignment : an application of the behavioral equilibrium exchange rate (BEER) to Botswana /

Botswana's successive currency devaluations and recent move from a fixed to a crawling peg exchange rate regime raise the question of whether the exchange rate might be misaligned with economic fundamentals. This paper, applying the behavioral equilibrium exchange rate (BEER) approach, analyzes...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Iimi, Atsushi (Autor)
Autor Corporativo: International Monetary Fund. African Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.?] : International Monetary Fund, ©2006.
Colección:IMF working paper ; WP/06/140.
Temas:
Foreign exchange rates > Botswana.
Foreign exchange market > Botswana.
Financial crises > Botswana.
Taux de change > Botswana.
Marché des changes > Botswana.
Economic history
Financial crises
Foreign exchange market
Foreign exchange rates
Botswana > Economic conditions.
Botswana > Conditions économiques.
Botswana
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. THE LITERATURE
  • III. RECENT DEVELOPMENTS IN EXCHANGE RATES IN BOTSWANA
  • IV. ANALYTICAL FRAMEWORK
  • V. ESTIMATION RESULTS
  • VI. DISCUSSION
  • VII. CONCLUSION
  • EXPERIENCES OF OTHER COUNTRIES ADOPTING CRAWLING PEG ARRANGEMENTS
  • REFERENCES

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