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...

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Bibliographic Details
Main Authors: Irena Palić, Ksenija Dumičić, Petra Šprajaček
Format: Article
Language:English
Published: Croatian Operational Research Society 2014-12-01
Series:Croatian Operational Research Review
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=197353