Exchange Rate Behavior under Full Monetary Equilibrium: An Empirical Analysis
收藏NBER1981-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0647
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资源简介：
This paper aims to remedy difficulties with some extant empirical tests of the monetary approach to exchange rate determination. Four problems are addressed: explication of and allowance for real exchange rate changes; imposition of interest parity; use of the forward rate as an unbiased predictor
提供机构：
美国国家经济研究局
创建时间：
1981-03-01
