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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Автор: Lipschitz, Leslie
Інші автори: McDonald, Donogh
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1991.
Серія:IMF Working Papers; Working Paper ; No. 1991/025
Онлайн доступ:Full text available on IMF