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...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1988.
Colecção:IMF Working Papers; Working Paper ; No. 1988/037
Acesso em linha:Full text available on IMF