Measuring real exchange rate misalignment in Croatia: cointegration approach
The purpose of the paper is to analyze misalignment of the real exchange rate in Croatia. The misalignment analysis is conducted using the permanent equilibrium exchange rate approach. The equilibrium real exchange rate is computed using the cointegration approach whereby the real exchange rate and...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Croatian Operational Research Society
2014-12-01
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Series: | Croatian Operational Research Review |
Subjects: | |
Online Access: | http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=197353 |