Real Exchange Rate Volatility : Does the Nominal Exchange Rate Regime Matter? /

A recent study by Grilli and Kaminsky (1991) argues that real exchange rate (RER) behavior is likely to be dependent on the particular historical period rather than on the nominal exchange rate arrangement itself. This paper reexamines RER behavior using alternative data sets, as well as different e...

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Bibliographic Details
Main Author: Liang, Hong
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/147
Online Access:Full text available on IMF