Real Interest Rates, Real Exchange Rates, and Net Foreign Assets in the Adjustment Process
Language: en
Pages: 38
Authors: Mr.Thomas Helbling
Categories: Business & Economics
Type: BOOK - Published: 1995-12-01 - Publisher: International Monetary Fund

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This paper analyzes the recent behavior of real exchange rates, the trade balance and the net foreign asset position of the United States in an intertemporal op
Real interest rates, real exchange rates, and net foreignassets in the adjustment process
Language: en
Pages: 0
Authors: Thomas Helbling
Categories:
Type: BOOK - Published: 1995 - Publisher:

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Fundamental Determinants of Exchange Rates
Language: en
Pages: 273
Authors: Jerome L. Stein
Categories: Business & Economics
Type: BOOK - Published: 1997 - Publisher: Oxford University Press

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Existing models fail to explain the large fluctuations in the real exchange rates of most currencies over the past twenty years. The Natural Real Exchange Rate
Real Exchange Rate Targeting Under Imperfect Asset Substitutability
Language: en
Pages: 30
Authors: Mr.José Saúl Lizondo
Categories: Business & Economics
Type: BOOK - Published: 1993-04-01 - Publisher: International Monetary Fund

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This paper presents a model of an economy that uses nominal exchange rate policy to keep the real exchange rate constant at a certain target level, under imperf
Targeting the Real Exchange Rate
Language: en
Pages: 50
Authors: Mr.Guillermo Calvo
Categories: Business & Economics
Type: BOOK - Published: 1994-02-01 - Publisher: International Monetary Fund

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This paper presents a theoretical and empirical analysis of policies aimed at setting a more depreciated level of the real exchange rate. An intertemporal optim