What Determines Real Exchange Rates? : The Long and Short of it /

This paper presents a reduced-form model of the real exchange rate. Using multilateral cointegration methods, the model is implemented for the real effective exchange rates of the dollar, the mark, and the yen, over the period 1974-1993. In contrast to much other research using real exchange rates,...

詳細記述

書誌詳細
第一著者: MacDonald, Ronald
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1997.
シリーズ:IMF Working Papers; Working Paper ; No. 1997/021
オンライン・アクセス:Full text available on IMF