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...
Автор: | |
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Інші автори: | , |
Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1992.
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Серія: | IMF Working Papers; Working Paper ;
No. 1992/051 |
Онлайн доступ: | Full text available on IMF |