Search Results for: The Fundamental Determinants Of The Real Exchange Rate Of The U S Dollar Relative To Other G 7 Currencies

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a

This paper provides a consistent theoretical framework to explain the fundamental determinants of the evolution in the medium to longer run of the real effectiv

Existing models fail to explain the large fluctuations in the real exchange rates of most currencies over the past twenty years. The Natural Real Exchange Rate