Series: IMF Working Papers
Author(s): G. Lim
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2000
Keywords: Real exchange rate, misalignment, managed exchange rate system, time-series analysis, simulations, exchange rate, equation, cointegration, Thai Baht,
This paper proposes a methodology for analyzing dynamic misalignment in managed exchange rate systems that combines the estimation approach to modeling the real exchange rate with the calibration approach to genera...