It takes the average reader and 30 minutes to read Equilibrium Exchange Rates in Transition Countries by Byung-Yeon Kim
Assuming a reading speed of 250 words per minute. Learn more
We use a dynamic heterogeneous panel model to estimate real equilibrium exchange rates for advanced transition countries. Our method is based on out-of-sample estimations from middle-income and high-income countries, and we use a pooled mean group estimator. We find that exchange rates have converged in recent years in five transition countries (Czech Republic, Hungary, Poland, Slovakia, and Slovenia) with real equilibrium exchange rates expressed in the US dollars. However, we also find that the currencies of the transition countries studied are substantially overvalued if real effective exchange rates are used. Published in: Economic Systems vol 29, no 2 (2005), pp. 144-162, ISSN 0939-3625.
Equilibrium Exchange Rates in Transition Countries by Byung-Yeon Kim is 29 pages long, and a total of 7,511 words.
This makes it 10% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 41 minutes to read Equilibrium Exchange Rates in Transition Countries aloud.
Equilibrium Exchange Rates in Transition Countries is suitable for students ages 8 and up.
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