Concepts of equilibrium exchange rates

By Rebecca L. Driver, P. Westaway. 2005

125 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/574fed2dac1df6080b40c9a2330d9e2d17c67d9a

Citations in the corpus

• Equilibrium Exchange Rates in Transition Economies: Taking Stock of the Issues (2006, unknown): “Furthermore, what has been described by Driver and Westaway (2005) as the 'Achilles heel' of the FEER approach is the hysteresis introduced into the FEER due to interest payments on the net foreign asset term.”