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...
Главный автор: | |
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Другие авторы: | , |
Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1992.
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Серии: | IMF Working Papers; Working Paper ;
No. 1992/051 |
Online-ссылка: | Full text available on IMF |