Exchange Rates, Country Preferences, and Gold /

This paper provides indirect tests of the hypothesis that exchange rate movements may be largely coterminus with changes in preferences for holding claims on different countries. It is argued that changes in country preferences will be reflected systematically in the price of gold and, hence, that g...

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Détails bibliographiques
Auteur principal: Isard, Peter
Autres auteurs: Dooley, Michael, Taylor, Mark
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1992.
Collection:IMF Working Papers; Working Paper ; No. 1992/051
Accès en ligne:Full text available on IMF