Ajevskis, Viktors; Rimgailaite, Ramune; Rutkaste, Uldis; … - Latvijas Banka - 2012
The aim of this study is to estimate the equilibrium REER of Latvia, which was done by using different methodologies, including IMF CGER approach, and the NATREX and SVAR models. The IMF methodology implies the application of three different methods: the macroeconomic balance method, the...