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This papers estimates the equilibrium exchange rate for Armenia using three different approaches:...

This paper employs newly constructed measures for productivity differentials, external...

This paper evaluates competitiveness in Slovakia and estimates the equilibrium real exchange rate...

There is little empirical research on whether Balassa-Samuelson effects can explain the long-run...

The paper presents an N-country model with stock markets, in which a closed-form solution for the...

The paper assesses inflation risks resulting from the convergence of structures of relative...