Asset Details
Do you wish to reserve the book?
Long-Run Determinants of the Real Exchange Rate: A Stock-Flow Perspective
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Long-Run Determinants of the Real Exchange Rate: A Stock-Flow Perspective
Do you wish to request the book?
Long-Run Determinants of the Real Exchange Rate: A Stock-Flow Perspective
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Long-Run Determinants of the Real Exchange Rate: A Stock-Flow Perspective
1994
Overview
This paper examines the long-run determinants of the real exchange rate from a stock-flow perspective. The empirical analysis estimates a long-run relationship between the real exchange rate, net foreign assets and other factors affecting trade flows. Using postwar data for the United States and Japan, cointegration analysis supports the finding that the structural factors underlying each country's net trade and net foreign asset positions determine the long-run path for the real value of the dollar and the yen. The empirical analysis also provides estimates for the underlying stochastic trend in each real exchange rate series.
Publisher
Washington, D.C. :International Monetary Fund
We currently cannot retrieve any items related to this title. Kindly check back at a later time.