IMF Staff papers : Volume 24 No. 2.
This paper is an attempt to examine several theories about the dynamics of exchange rate adjustment. All the models start from the premise that exchange rates are determined by the balancing of supply and demand for each currency and that expectations play a prime role in determining demand. The pap...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1977.
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 1977/002 |
| Online Access: | Full text available on IMF |