Global imbalances: Should we use fundamental equilibrium exchange rates?
نویسندگان
چکیده
منابع مشابه
Equilibrium models of exchange rates
Most of the large industrialized countries floated their exchange rates in early 1973, after the demise of the post-war Bretton Woods system of fixed exchange rates. While there have been extensive academic disputes over the relative merits of fixed and floating exchange rates, most discussions have been carried out on a largely hypothetical basis. The move to a generalized floating regime prov...
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ژورنال
عنوان ژورنال: Economic Modelling
سال: 2015
ISSN: 0264-9993
DOI: 10.1016/j.econmod.2015.02.007