Stock Markets and the Real Exchange Rate : An Intertemporal Approach /
The paper presents an N-country model with stock markets, in which a closed-form solution for the real exchange rate is derived. Risky asset prices and allocation of risky assets among countries are determined endogenously. Such a framework allows an analysis of how fundamental parameters, such as t...
| Κύριος συγγραφέας: | Mercereau, Benoit |
|---|---|
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Σειρά: | IMF Working Papers; Working Paper ;
No. 2003/109 |
| Διαθέσιμο Online: | Full text available on IMF |
Παρόμοια τεκμήρια
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The Role of Stock Markets in Current Account Dynamics : A Time-Series Approach /
ανά: Mercereau, Benoit
Έκδοση: (2004) -
The Role of Stock Markets in Current Account Dynamics : Evidence from the United States /
ανά: Mercereau, Benoit
Έκδοση: (2003) -
Stock Prices, Real Exchange Rates, and Optimal Capital Accumulation.
Έκδοση: (1988) -
The Balance of Trade, the Terms of Trade, and the Real Exchange Rate : An Intertemporal Optimizing Framework.
Έκδοση: (1988) -
Exchange Rate Movements and International Interdependence of Stock Markets.
Έκδοση: (1989)