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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: MacDonald, Ronald
Övriga upphovsmän: Clark, Peter
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1998.
Serie:IMF Working Papers; Working Paper ; No. 1998/067
Länkar:Full text available on IMF