This paper analyzes some of the more important aspects of real exchange rate misalignment in developing countries. A number of examples and real world situations are used to illustrate different points. Also, a large cross-country data is used to investigate problems related to real exchange rate behavior and devaluations. The paper is divided into four parts. Part I deals with the definition and measurement of the real exchange rate. Part II analyses...
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INFORMATION
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1985/07/31
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Document de travail départemental
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CPD8543
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1
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1
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2017/11/15
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Disclosed
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Real exchange rate misalignment in developing countries : analytical issues and empirical evidence
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