Pertinence de la dévaluation du Franc CFA de janvier 1994: Une évaluation par le taux de change réel d’équilibre. Cas de l’économie camerounaise

Relevance of the CFA France devaluation in January 1994: An evaluation by the real exchange rate equilibrium. The case of Cameroon

Jamal Bouoiyour () and Oscar Kuikeu

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, we estimate, over the period 1980 – 2001, in annual data, the size of distortion (misalignment), of Cameroon’s real exchange rate. This, in the goal to judge relevance of the decision of January 11, 1994, to devaluate of 50% Franc CFA (Fcfa) compared to the French franc (FF). Our results seem to confirm the idea established well today in the literature, of Fcfa overall overvalued during the period having preceded the devaluation.

Keywords: JEL Classification : C22; F31. (search for similar items in EconPapers)
JEL-codes: C22 F31 (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Pertinence de la dévaluation du Franc CFA de janvier 1994: une évaluation par le taux de change réel d'équilibre. Cas de l'économie camerounaise (2012)
Working Paper: Pertinence de la dévaluation du Franc CFA de janvier 1994: une évaluation par le taux de change réel d'équilibre. Cas de l'économie camerounaise (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:31357

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