IMF Staff papers, Volume 39 No. 1.

This paper focuses on exchange rate economics. Two main views of exchange rate determination have evolved since the early 1970s: the monetary approach to the exchange rate (in flexible-price, sticky-price, and real interest differential formulations); and the portfolio balance approach. In this pape...

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Dettagli Bibliografici
Ente Autore: International Monetary Fund. Research Dept
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1992.
Serie:IMF Staff Papers; IMF Staff Papers ; No. 1992/001
Accesso online:Full text available on IMF