Equilibrium Exchange Rates in Central and Eastern Europe: A Meta-Regression Analysis
dc.contributor.author | Égert, Balázs | en_US |
dc.contributor.author | Halpern, László | en_US |
dc.date.accessioned | 2006-08-01T16:23:21Z | |
dc.date.available | 2006-08-01T16:23:21Z | |
dc.date.issued | 2005-05-01 | en_US |
dc.identifier.other | RePEc:wdi:papers:2005-769 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/40155 | en_US |
dc.description.abstract | This paper analyses the ever-growing literature on equilibrium exchange rates in the new EU member states of Central and Eastern Europe in a quantitative manner using meta-regression analysis. The results indicate that the real misalignments reported in the literature are systematically influenced, inter alia, by the underlying theoretical concepts (Balassa-Samuelson effect, Behavioural Equilibrium Exchange Rate, Fundamental Equilibrium Exchange Rate) and by the econometric estimation methods. The important implication of these findings is that a systematic analysis is needed in terms of both alternative economic and econometric specifications to assess equilibrium exchange rates. | en_US |
dc.format.extent | 44838 bytes | |
dc.format.extent | 3151 bytes | |
dc.format.extent | 228683 bytes | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.relation.ispartofseries | 769 | en_US |
dc.subject | Equilibrium Exchange Rate, Balassa-Samuelson Effect, Meta-analysis | en_US |
dc.subject.other | C15, E31, F31, O11, P17. | en_US |
dc.title | Equilibrium Exchange Rates in Central and Eastern Europe: A Meta-Regression Analysis | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/40155/3/wp769.pdf | en_US |
dc.owningcollname | William Davidson Institute (WDI) - Working Papers |
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