Global Equilibrium Exchange Rates : Euro, Dollar, 'Ins,' 'Outs,' and Other Major Currencies in a Panel Cointegration Framework /

This paper presents a methodology for calculating bilateral equilibrium exchange rates for a panel of currencies in a way that guarantees global consistency. The methodology has three parts: a theoretical model that encompasses the balance of payments and the Balassa-Samuelson approaches to real exc...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Garcia Cervero, Susana
Weitere Verfasser: Alberola Ila, Enrique, Lopez, J., Ubide, Angel
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1999.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1999/175
Online Zugang:Full text available on IMF