Macroeconomic Implications of Real Exchange Rate Targeting in Developing Countries /

This paper analyzes the macroeconomic effects of a variety of exogenous and policy-induced real disturbances when the authorities target the level of the real exchange rate. It first discusses the implications--particularly for inflation and the current account--of targeting the rate at an 'ove...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Montiel, Peter
Weitere Verfasser: Ostry, Jonathan
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1991.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1991/029
Online Zugang:Full text available on IMF