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...

Descripción completa

Detalles Bibliográficos
Autor principal: Lipschitz, Leslie
Otros Autores: McDonald, Donogh
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1991.
Colección:IMF Working Papers; Working Paper ; No. 1991/025
Acceso en línea:Full text available on IMF