Plane, Patrick; Nouira, Ridha; Sekkat, K. - HAL - 2011
Recent literature suggests that a proactive strategy consisting of deliberate real exchange rate depreciation can … the macroeconomic Real Effective exchange rate (REER), similar exchange rates at the sector level (SREER) and the … macroeconomic Equilibrium Real Effective exchange rate (EREER). It shows that there are instances where the objective of …