Ben M'Barek Hassene; Hager, Ben Romdhane - In: International Journal of Financial Services Management 5 (2011) 1, pp. 21-33
The aim of this paper is to determine an equilibrium level of real exchange rate in an emerging country like Tunisia. The use of cointegration tests has shown the existence of a long-run equilibrium relationship between real exchange rate and economic fundamentals. One of the instruments that...