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Are the Real Exchange Rates of the New EU Member Countries in Line with Fundamentals? – Implications of the NATREX Approach

Frenkel, Michael; Koske, Isabell - In: Jahrbücher für Nationalökonomie und Statistik 232 (2012) 2, pp. 129-145

Summary This paper derives equilibrium real exchange rates for the EU member countries that joined in 2004 and in 2007. Our analysis is based on the natural real exchange rate approach and uses data for the period 1980-2007. We employ a two-step estimation strategy to deal with the limited...

Persistent link: https://www.econbiz.de/10014609387

Are the real exchange rates of the new EU member countries in line with fundamentals? : implications of the NATREX approach

Frenkel, Michael; Koske, Isabell - In: Jahrbücher für Nationalökonomie und Statistik 232 (2012) 2, pp. 129-145

Persistent link: https://www.econbiz.de/10009504587

Are the Real Exchange Rates of the New EU Member Countries in Line with Fundamentals? — Implications of the NATREX Approach

Michael, Frenkel; Koske, Isabell - In: Jahrbücher für Nationalökonomie und Statistik 232 (2012) 2, pp. 129-146

Persistent link: https://www.econbiz.de/10009846705