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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Библиографические подробности
Главный автор: Mundell, Robert
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1991.
Серии:IMF Working Papers; Working Paper ; No. 1991/037
Online-ссылка:Full text available on IMF