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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Detalles Bibliográficos
Autor Principal: Mundell, Robert
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1991.
Series:IMF Working Papers; Working Paper ; No. 1991/037
Acceso en liña:Full text available on IMF