In Search of a Dramatic Equilibrium : Was the Armenian Dram Overvalued?.

Annotation

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Oomes, Nienke (Autor), Stepanyan, Vahram (Autor), Minasyan, Gohar (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, March 2009.
Colección:IMF Working Papers.
Temas:
Foreign exchange rates > Armenia.
Devaluation of currency > Armenia.
Taux de change > Arménie.
Dévaluation > Arménie.
Devaluation of currency
Foreign exchange rates
Armenia
Acceso en línea:Texto completo

MARC

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100 1 |a Oomes, Nienke,  |e author. 
245 1 0 |a In Search of a Dramatic Equilibrium :  |b Was the Armenian Dram Overvalued?. 
260 |a Washington :  |b International Monetary Fund,  |c March 2009. 
300 |a 1 online resource (73 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF Working Papers 
520 8 |a Annotation  |b 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. 
505 0 |a I. Introduction; Figures; 1. Estimated Real Exchange Rate Misalignment; II. Purchasing Power Parity (PPP) Approach; 2. Armenian Price Level Relative to U.S. Price Level; 3. Relative Price Levels and Relative Incomes; 4. PPP Approach Equilibrium and Atual Real Exchanges; 5. PPP Approach: Real Exchange Rate Misalignment; III. Behavioral Equilibrium Real Exchange Rate (BEER) Approach; A. Productivity measures; B. Other equilibrium exchange rate determinants; C. Results; Tables; 1. BEER Approach: Augmented Dickey-Fuller Test Results; 2. BEER Approach: Estimated Cointegrating Vector. 
505 8 |a IV. External Sustainability (ES) Approach6. BEER Approach: Equilibrium and Actual REER; 7. BEER Approach: Real Exchange Rate Misalignment; 8. ES Approach: Real Exchange Rate Misalignment; V. Conclusion; 9. Estimated Real Exchange Rate Misalignment; References. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Foreign exchange rates  |z Armenia. 
650 0 |a Devaluation of currency  |z Armenia. 
650 6 |a Taux de change  |z Arménie. 
650 6 |a Dévaluation  |z Arménie. 
650 7 |a Devaluation of currency  |2 fast 
650 7 |a Foreign exchange rates  |2 fast 
651 7 |a Armenia  |2 fast 
700 1 |a Stepanyan, Vahram,  |e author. 
700 1 |a Minasyan, Gohar,  |e author. 
758 |i has work:  |a In search of a dramatic equilibrium (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGpDkFcBVdTbXjDmBtV8JC  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Oomes, Nienke.  |t In Search of a Dramatic Equilibrium: Was the Armenian Dram Overvalued?  |d Washington : International Monetary Fund, ©2009  |z 9781451871975 
830 0 |a IMF Working Papers. 
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