Long-Run Exchange Rate Modeling : A Survey of the Recent Evidence /

In this paper we survey the recent literature on long run, or equilibrium, exchange rate modeling. In particular, we review the voluminous literature which tests for a unit root in real exchange rates and the closely related work on testing for a unit root in the residual from a regression of the no...

ver descrição completa

Detalhes bibliográficos
Autor principal: MacDonald, Ronald
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1995.
Colecção:IMF Working Papers; Working Paper ; No. 1995/014
Acesso em linha:Full text available on IMF