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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Detalles Bibliográficos
Autor Principal: Isard, Peter
Outros autores: Dooley, Michael, Taylor, Mark
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/051
Acceso en liña:Full text available on IMF