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Language: en
Pages: 536
Pages: 536
Type: BOOK - Published: 1996 - Publisher: MIT Press
Guillermo Calvo, who foresaw the financial crisis that followed the devaluationn of Mexico's peso, has spent much of his career thinking beyond the conventional
Language: en
Pages: 110
Pages: 110
Type: BOOK - Published: 1988 - Publisher: Johns Hopkins University Press
This article analyzes the theory of equilibrium real exchange rates and defines misalignment as a deviation of the real exchange rate (RER) from its equilibrium
Language: en
Pages: 374
Pages: 374
Type: BOOK - Published: 1982 - Publisher:
Language: en
Pages: 301
Pages: 301
Type: BOOK - Published: 2011 - Publisher: Peterson Institute
Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the b
Language: en
Pages: 65
Pages: 65
Type: BOOK - Published: 2016-03-08 - Publisher: International Monetary Fund
We analyze coordination of monetary and exchange rate policy in a two-sector model of a small open economy featuring imperfect substitution between domestic and