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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Milesi-Ferretti, Gian
Altri autori: Lane, Philip
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2000.
Serie:IMF Working Papers; Working Paper ; No. 2000/123
Accesso online:Full text available on IMF