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Real exchange rates and real interest rate differentials: A present value interpretation

โœ Scribed by Mathias Hoffmann; Ronald MacDonald


Book ID
116455570
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
882 KB
Volume
53
Category
Article
ISSN
0014-2921

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The real exchange rate and real interest
โœ Nelson C. Mark; Young-Kyu Moh ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 672 KB

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