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01668cas a2200253 a 4500 |
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AALejournalIMF002662 |
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|c 5.00 USD
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|z 9781451964394
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Taylor, Mark.
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|a Exchange Rate Economics :
|b A Survey /
|c Mark Taylor, Ronald MacDonald.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1991.
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|a 1 online resource (61 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a We survey the literature on the two main views of exchange rate determination that have evolved since the early 1970s: the monetary approach to the exchange rate (in flex-price, sticky-price and real interest differential formulations) and the portfolio balance approach. We then go on to discuss the extant empirical evidence on these models and conclude by discussing how the future research strategy in the area of exchange rate determination is likely to develop. We also discuss the literature on foreign exchange market efficiency, on exchange rates and 'news' and on international parity conditions.
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| 538 |
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|a Mode of access: Internet
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|a MacDonald, Ronald.
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|a IMF Working Papers; Working Paper ;
|v No. 1991/062
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1991/062/001.1991.issue-062-en.xml
|z IMF e-Library
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