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Estimating the real exchange rate misalignment: case of Gabon

Oscar Kuikeu

MPRA Paper from University Library of Munich, Germany

Abstract: In cfa franc zone, the exchange rate was devalued, in 1994, in order to deal with the major macroeconomic imbalances that have affected the members during the 1980 decade. Thus, the aim of this paper is to know if this devaluation was relevant for Gabon an member state of the cfa franc zone, and, in the sense that the devaluation is relevant only if the real exchange rate is overvalued, we will assess the degree of the real exchange rate misalignment in Gabon.

Keywords: equilibrium real exchange rate; cfa franc zone (search for similar items in EconPapers)
JEL-codes: C33 F31 (search for similar items in EconPapers)
Date: 2012-06-23
New Economics Papers: this item is included in nep-afr
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