The Transfer Problem Revisited : Net Foreign Assets and Real Exchange Rates /

The relationship between international payments and the real exchange rate-the 'transfer problem'-is a classic question in international economics. We use new data on countries' net external positions together with real exchange rate data to shed light on this question. We present a m...

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Bibliographic Details
Main Author: Milesi-Ferretti, Gian
Other Authors: Lane, Philip
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/123
Online Access:Full text available on IMF