Response of the Equilibrium Real Exchange Rate to Real Disturbances in Developing Countries /
Using a simple dependent - economy framework, this paper outlines the links between the equilibrium real exchange rate and some of its fundamental exogenous determinants, mainly terms of trade movements and commercial policy changes. Drawing on existing studies of trade flows in developing countries...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
1991.
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coleção: | IMF Working Papers; Working Paper ;
No. 1991/003 |
Acesso em linha: | Full text available on IMF |