in Journal of African Economies
August 2008; p ublished online April 2008 .
Journal Article. Subjects: Other Economic Systems; Multiple or Simultaneous Equation Models; Multiple Variables; Macroeconomic Aspects of International Trade and Finance; International Finance. 9275 words.
This paper estimates the degree of real exchange rate misalignment in 12 CFA (Communauté Financière Africaine) franc zone countries over the period 1960–99. Allowing for contemporaneous...