Estimating the Equilibrium Real Exchange Rate : An Application to Finland /
An equilibrium exchange rate is here defined as the level that is consistent with simultaneous internal and external balances as specified in Montiel (1996). Exogenous 'fundamental' variables determining these balances are identified. Along the lines of Edwards (1994), a reduced form is es...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1997.
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| Series: | IMF Working Papers; Working Paper ;
No. 1997/109 |
| Online Access: | Full text available on IMF |