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...

Полное описание

Библиографические подробности
Главный автор: Lipschitz, Leslie
Другие авторы: McDonald, Donogh
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1991.
Серии:IMF Working Papers; Working Paper ; No. 1991/025
Online-ссылка:Full text available on IMF