DUFRENOT, GILLES; GRIMAUD, ELISABETH; LATIL, EUGÉNIE; … - In: Manchester School 76 (2008) 1, pp. 21-43
In this paper we propose a new modelling approach of the exchange rate misalignments in four transition countries: Hungary, Poland, Slovakia and Slovenia. We provide an empirical framework that takes into account two characteristics of these misalignments: while the fundamentals and policies...