Frait, Jan; Komárek, Luboš - Department of Economics, University of Warwick - 2001
The paper presents an analysis of the determinants of the real exchange rate with emphasis on its long-term aspects and … econometric behavioral model, which could analyze the medium-term and long-term dynamics of the real exchange rate. This paper … also introduces real exchange rate as an indicator of convergence for transitional countries to EU countries and analyses …