External Wealth, the Trade Balance, and the Real Exchange Rate /

This paper examines the link between the net foreign asset position, the trade balance and the real exchange rate. In particular, it decomposes the impact of a country's net foreign asset position ("external wealth") on its long-run real exchange rate into two mechanisms: the relation...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Lane, Philip
Rannpháirtithe: Milesi-Ferretti, Gian
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2002.
Sraith:IMF Working Papers; Working Paper ; No. 2002/051
Rochtain ar líne:Full text available on IMF