@article{ART001226212,
author={Charalambos Pattichis and Marios Maratheftis and Stavros A. Zenios},
title={Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach},
journal={International Economic Journal},
issn={1016-8737},
year={2007},
volume={21},
number={1},
pages={133-154}
}

TY - JOUR
AU - Charalambos Pattichis
AU - Marios Maratheftis
AU - Stavros A. Zenios
TI - Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach
T2 - International Economic Journal
JO - International Economic Journal
PY - 2007
VL - 21
IS - 1
PB - 한국국제경제학회
SP - 133
EP - 154
SN - 1016-8737
AB - This paper investigates whether the real effective exchange rate of the Cyprus pound is misaligned by generating measures of the equilibrium rate using the behavioral equilibrium exchange rate (BEER) approach. Several measures of the equilibrium exchange rate were derived and used to check for the existence of exchange rate misalignment. The results suggest that, during the 1990s, the actual real effective exchange rate and the various equilibrium measures generated move closely together and there is no evidence of any significant and persistent misalignment. However, the empirical evidence suggests persistent overvaluation during the 1980s.
KW - Equilibrium exchange rates, misalignment, Cyprus pound.JEL: F310* Financial support from the Central Bank of Cyprus is gratefully acknowledged. We would like to thank three anonymous referees for extensive and constructive comments that greatly impr
DO -
UR -
ER -

Charalambos Pattichis, Marios Maratheftis and Stavros A. Zenios. 2007, "Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach", International Economic Journal, vol.21, no.1 pp.133-154.

Charalambos Pattichis, Marios Maratheftis, Stavros A. Zenios "Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach" International Economic Journal 21.1 pp.133-154 (2007) : 133.

Charalambos Pattichis, Marios Maratheftis, Stavros A. Zenios. Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach. 2007; 21(1), 133-154.

Charalambos Pattichis, Marios Maratheftis and Stavros A. Zenios. "Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach" International Economic Journal 21, no.1 (2007) : 133-154.

Charalambos Pattichis; Marios Maratheftis; Stavros A. Zenios. Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach. International Economic Journal, 21(1), 133-154.

Charalambos Pattichis; Marios Maratheftis; Stavros A. Zenios. Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach. International Economic Journal. 2007; 21(1) 133-154.

Charalambos Pattichis, Marios Maratheftis, Stavros A. Zenios. Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach. 2007; 21(1), 133-154.

Charalambos Pattichis, Marios Maratheftis and Stavros A. Zenios. "Is the Cyprus Pound Real Effective Exchange Rate Misaligned? A BEER Approach" International Economic Journal 21, no.1 (2007) : 133-154.