El-Shagi, Makram; Lindner, Axel; Schweinitz, Gregor von - Institut für Wirtschaftsforschung Halle (IWH) - 2014
Were real effective exchange rates (REER) of Euro area member countries drastically misaligned at the outbreak of the … mixture of advanced and emerging economies. Comparing the actual REER with those of the counterfactuals gives sensible …