Exchange Rates and Economic Fundamentals : A Methodological Comparison of BEERs and FEERs /

This paper compares two approaches for examining the extent to which a country's actual real effective exchange rate is consistent with economic fundamentals: the FEER approach, which involves calculating the real exchange rate that equates the current account at full employment with sustainabl...

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Détails bibliographiques
Auteur principal: MacDonald, Ronald
Autres auteurs: Clark, Peter
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1998.
Collection:IMF Working Papers; Working Paper ; No. 1998/067
Accès en ligne:Full text available on IMF