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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| Natura: | Periodico |
| Lingua: | English |
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Washington, D.C. :
International Monetary Fund,
1991.
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| Serie: | IMF Working Papers; Working Paper ;
No. 1991/025 |
| Accesso online: | Full text available on IMF |