Asset Market and Balance of Payments Characteristics : An Eclectic Exchange Rate Model for the Dollar, Mark, and Yen /

In this paper we use an exchange rate model that combines asset market characteristics with balance of payments interactions to examine the nominal effective exchange rates of the German mark, Japanese yen, and U.S. dollar for the recent experience with floating exchange rates. Our approach may be i...

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Dettagli Bibliografici
Autore principale: MacDonald, Ronald
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1995.
Serie:IMF Working Papers; Working Paper ; No. 1995/055
Accesso online:Full text available on IMF