Real and Monetary Determinants of Real Exchange Rate Behavior: Theory and Evidence From Developing Countries
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This paper develops a dynamic model of real exchange rate behavior in developing countries. A three goods economy (exportables, importables and nontradables) is considered. Residents of this country hold domestic and foreign assets, and there is a dual exchange rate regime. There is a government
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美国国家经济研究局创建时间：
1988-09-01
