Japanese Effective Exchange Rates and Determinants : Prices, Real Interest Rates, and Actual and Optimal Current Accounts /

This paper empirically analyzes Japanese long-run exchange rates from several perspectives. Several exchange rate models are considered, including the purchasing power parity, the real interest differential model, and the hybrid models a la Hooper and Morton (1982). A notable feature of the latter m...

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Bibliographic Details
Main Author: Nagayasu, Jun
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/086
Online Access:Full text available on IMF