Real Exchange Rates and Competitiveness : A Clarification of Concepts, and Some Measurements for Europe /

This paper examines indicators of competitiveness. It analyzes the conceptual foundations of conventional measures of the real exchange rate and finds that inferences about competitiveness from these indicators require strong, and in many cases implausible, assumptions. Based on this analysis some a...

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Detalhes bibliográficos
Autor principal: Lipschitz, Leslie
Outros Autores: McDonald, Donogh
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1991.
coleção:IMF Working Papers; Working Paper ; No. 1991/025
Acesso em linha:Full text available on IMF
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245 1 0 |a Real Exchange Rates and Competitiveness :   |b A Clarification of Concepts, and Some Measurements for Europe /  |c Leslie Lipschitz, Donogh McDonald. 
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300 |a 1 online resource (48 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper examines indicators of competitiveness. It analyzes the conceptual foundations of conventional measures of the real exchange rate and finds that inferences about competitiveness from these indicators require strong, and in many cases implausible, assumptions. Based on this analysis some alternative measures are proposed and their use is illustrated using data from Europe. Given the usefulness of standardized indicators, four simple charts are proposed; these help solve some conundrums in the European data and provide the basis for a richer set of inferences about competitiveness. 
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700 1 |a McDonald, Donogh. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/025 
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