Estimating Equilibrium Exchange Rates

Estimating Equilibrium Exchange Rates

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This study re-examines Williamson's concept of the fundamental equilibrium exchange rate in the light of developments since its introduction in 1983 - in particular, the adoption of a system of target zones by the group of seven industrial countries in the Louvre Accord of 1987.Real and Monetary Determinants of Real Exchange Rate Behavior: Theory and Evidence from Developing Countries ... Foundation and from the Academic Senate of the University of California, Los Angeles is gratefully acknowledged.

Title:Estimating Equilibrium Exchange Rates
Author: John Williamson
Publisher:Peterson Institute - 1994-01-01

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