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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Lane, Philip
अन्य लेखक: Milesi-Ferretti, Gian
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2002.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2002/051
ऑनलाइन पहुंच:Full text available on IMF