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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Isard, Peter
Altri autori: Dooley, Michael, Taylor, Mark
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1992.
Serie:IMF Working Papers; Working Paper ; No. 1992/051
Accesso online:Full text available on IMF