Trade and Investment Performance Under Floating Exchange Rates : The U.S. Experience.
Contrary to the arguments of several scholars, we have failed to find either a conclusive theoretical case or clear empirical evidence of an effect, harmful or otherwise, of exchange rate variability (as measured by either short-term volatility or long-run misalignment) on overall levels of internat...
Corporate Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1988.
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Series: | IMF Working Papers; Working Paper ;
No. 1988/037 |
Online Access: | Full text available on IMF |