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...
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
1991.
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Collection: | IMF Working Papers; Working Paper ;
No. 1991/029 |
Accès en ligne: | Full text available on IMF |