Targeting the Real Exchange Rate : Theory and Evidence /
This paper presents a theoretical and empirical analysis of policies aimed at setting a more depreciated level of the real exchange rate. An intertemporal optimizing model suggests that, in the absence of changes in fiscal policy, a more depreciated level of the real exchange can only be attained te...
| Autor principal: | Vegh Gramont, Carlos |
|---|---|
| Otros Autores: | Calvo, Guillermo, Reinhart, Carmen |
| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
1994.
|
| Colección: | IMF Working Papers; Working Paper ;
No. 1994/022 |
| Acceso en línea: | Full text available on IMF |
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