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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Isard, Peter
Weitere Verfasser: Dooley, Michael, Taylor, Mark
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1992.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1992/051
Online Zugang:Full text available on IMF