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The objective of the paper is to analyse the nominal and real convergence process in Estonia drawing on the Balassa …
Persistent link: https://www.econbiz.de/10005207900
In this paper we present an overview of a number of issues relating to the equilibrium exchange rates of transition economies of the former soviet bloc. In particular, we present a critical overview of the various methods available for calculating equilibrium exchange rates and discuss how...
Persistent link: https://www.econbiz.de/10005784651