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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Bibliografiska uppgifter
Huvudupphovsman: Montiel, Peter
Övriga upphovsmän: Ostry, Jonathan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1991.
Serie:IMF Working Papers; Working Paper ; No. 1991/029
Länkar:Full text available on IMF