FEER for the CFA Franc /

We apply the fundamentals equilibrium exchange rate (FEER) approach and the Johansen cointegration methodology to investigate the behavior of the real effective exchange rates of the two monetary unions of the CFA franc zone (CEMAC and WAEMU) vis-à-vis their long-run equilibrium paths. For both CEM...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Abdih, Y. (Yasser) (Author), Tsangarides, Charalambos G. (Author)
Corporate Authors: IMF Institute, International Monetary Fund. African Department
Format: Electronic eBook
Language:Inglés
Published: [Washington D.C.] : International Monetary Fund., ©2006.
Series:IMF working paper ; WP/06/236.
Subjects:
Foreign exchange rates > French franc area.
Franc, CFA.
Monetary unions > Africa, French-speaking.
Franc CFA.
Unions monétaires > Afrique francophone.
Foreign exchange rates
Franc, CFA
Monetary unions
French-speaking Africa
Online Access:Texto completo
Table of Contents:
  • Contents
  • I. INTRODUCTION
  • II. BACKGROUND
  • III. METHODOLOGY AND DATA
  • IV. EMPIRICAL RESULTS
  • V. CONCLUSION
  • REFERENCES

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