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A Note on International Real Interest Rate Differentials

โœ Scribed by Nelson C. Mark

Book ID
125763582
Publisher
MIT Press
Year
1985
Tongue
English
Weight
199 KB
Volume
67
Category
Article
ISSN
0034-6535

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Recent empirical work has shown the importance of nonlinear adjustment in the dynamics of real exchange rates and real interest differentials. This work suggests that the tenuous empirical linkage between the real exchange rate and the real interest differential might be strengthened by explicitly a