Beza-Bojanowska, Joanna; MacDonald, Ronald - 2009
reflect the best possible assessment of the equilibrium exchange rate. In this paper we use the BEER and PEER approach to … estimate real Polish zloty/euro equilibrium rate. Although the main goal of our analysis is to compute measures of current and … total misalignment, we also check the sensitivity of the equilibrium exchange rate estimates to our choice of the risk …