Hasanov, Fakhri; Huseynov, Fariz - Volkswirtschaftliche Fakultät, … - 2009
By using quarterly data from 2001-2007 and applying various approaches, we estimate real equilibrium exchange rate misalignment for Azerbaijani Manat (AZN) and find that AZN is slightly overvalued. Purchasing power parity approach does not explain the equilibrium exchange rate. However using...