Bénassy-Quéré, Agnès (contributor); … - 2006
misalignments.
JEL Classification: F31, C23.
Keywords: equilibrium exchange rates, BEER approach, world consistency.
4
World … : taux de change d’équilibre, approche BEER, cohérence mondiale.
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CEPII, Working Paper No 2006-20.
WORLD CONSISTENT ….
Thepresentpaperusescointegrationanalysisonquarterlydataovertheperiod1980.Q1-
2004.Q3 to derive equilibrium exchange rates. Hence it follows the BEER tradition
initiated by Clark and …