IMF Staff papers, Volume 39 No. 1
This paper focuses on exchange rate economics. Two main views of exchange rate determination have evolved since the early 1970s: the monetary approach to the exchange rate (in flexible-price, sticky-price, and real interest differential formulations); and the portfolio balance approach. In this pape...
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| Format: | Book |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1992
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 1992/001 IMF eLibrary |
| Subjects: |