Deer Hunting : Misalignment, Debt Accumulation, and Desired Equilibrium Exchange Rates /
This paper deals with hysteresis in the desired equilibrium exchange rate (DEER) arising from misalignment. When the actual real exchange rate departs from its DEER value, current account realizations--and consequently, debt service obligations--will differ from those assumed in the initial DEER cal...
| 主要作者: | |
|---|---|
| 其他作者: | |
| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1993.
|
| 叢編: | IMF Working Papers; Working Paper ;
No. 1993/048 |
| 在線閱讀: | Full text available on IMF |