Couharde, Cécile; Coulibaly, Issiaka; Damette, Olivier - In: Economic Modelling 33 (2013) C, pp. 722-732
Currency misalignments have been one of the focal points of interest in the literature devoted to the CFA Franc zone. Less attention has been paid, however, to the convergence process of real exchange rates towards equilibrium. In this paper, we analyze the short-run dynamics of real exchange...
