Ajevskis, Viktors; Rimgailaite, Ramune; Rutkaste, Uldis; … - In: Baltic Journal of Economics 14 (2014) 1-2, pp. 101-123
and direct estimation approaches. It shows their strengths and weaknesses with application to the case of Latvia. Despite … real exchange rate of Latvia after appreciation during the boom years and subsequent adjustment afterwards remained close …