Long-Run Determinants of the Real Exchange Rate : A Stock-Flow Perspective /
This paper examines the long-run determinants of the real exchange rate from a stock-flow perspective. The empirical analysis estimates a long-run relationship between the real exchange rate, net foreign assets and other factors affecting trade flows. Using postwar data for the United States and Jap...
Auteur principal: | |
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
1994.
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Collection: | IMF Working Papers; Working Paper ;
No. 1994/090 |
Accès en ligne: | Full text available on IMF |