Capital Inflows and the Real Exchange Rate : Analytical Framework and Econometric Evidence /

This paper examines the links between capital inflows and the real exchange rate under pegged exchange rates. The analytical framework is described, and a near-VAR model linking capital inflows, interest rate differentials, government spending, money base velocity, and the temporary component of the...

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Détails bibliographiques
Auteur principal: Agenor, Pierre-Richard
Autres auteurs: Hoffmaister, Willy
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1996.
Collection:IMF Working Papers; Working Paper ; No. 1996/137
Accès en ligne:Full text available on IMF