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...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Vegh Gramont, Carlos
Andere auteurs: Calvo, Guillermo, Reinhart, Carmen
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1994.
Reeks:IMF Working Papers; Working Paper ; No. 1994/022
Online toegang:Full text available on IMF

Gelijkaardige items