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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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
1998.
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Collection: | IMF Working Papers; Working Paper ;
No. 1998/067 |
Accès en ligne: | Full text available on IMF |