Do Exchange Rates Work? : Another View /

This paper investigates the role of exchange rates in balance of payments theories. It explores the sixteen approaches to the balance of payments, the concept of an 'equilibrium' trade balance and sequential 'stages' of the current account. It examines fiscal and demographic infl...

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Bibliografiske detaljer
Hovedforfatter: Mundell, Robert
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1991.
Serier:IMF Working Papers; Working Paper ; No. 1991/037
Online adgang:Full text available on IMF