Saadaoui, Jamel; Mazier, Jacques; Aflouk, Nabil - HAL - 2011
The literature on exchange rate misalignments (ERM) is very extensive as well as the literature on exchange rate … determinants. To our knowledge, however, no study has analyzed the determinants of exchange rate misalignments. With the increasing … determinants of ERM obtained by a Fundamental Equilibrium Exchange Rate (FEER) approach (Aflouk et al., 2010). Our analysis put …