European real effective exchange rates are hugely misaligned, paper argues

european-commission
Comunale's paper argues that REERs provide a key metric for economic assessments of the European Union

Misalignments in the real effective exchange rates (REERs) of European Union countries are "huge", a working paper published by the Bank of Lithuania argues.

In Long-run determinants and misalignments of the real effective exchange rate in the EU, Mariarosaria Comunale argues REERs provide a key metric for economic assessments of the European Union (EU).

Comunale presents estimations of the REERs for 28 EU countries from 1994 to 2012. The author calculates the equilibrium rates for each country

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: