The Distributional Consequences of Real Exchange Rate Adjustment /

The paper focuses on distributional consequences of macroeconomic adjustment. The preferences of economic agents over the level of the real exchange rate derived from standard models are monotonic, with agents favoring either an infinitely appreciated or depreciated rate. To generate less extreme pr...

詳細記述

書誌詳細
第一著者: Klyuev, Vladimir
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2003.
シリーズ:IMF Working Papers; Working Paper ; No. 2003/133
オンライン・アクセス:Full text available on IMF