The Long-Run Relationship Between Real Exchange Rates and Real Interest Rate Differentials : A Panel Study /

This paper empirically examines the long-run relationship between real exchange rates and real interest rate differentials over the recent floating exchange rate period, using a panel cointegration method, with data for a set of industrialized countries. The paper finds evidence of statistically sig...

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Detalhes bibliográficos
Autor principal: Nagayasu, Jun
Outros Autores: MacDonald, Ronald
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1999.
Colecção:IMF Working Papers; Working Paper ; No. 1999/037
Acesso em linha:Full text available on IMF