Estimating Equilibrium Exchange Rates

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The problems of exchange rate misalignments and the resulting payments imbalances have plagued the world economy for decades. At the Louvre Accord of 1987, the Group of Five industrial countries adopted a system of reference ranges for exchange rate management, influenced by proposals of C. Fred Bergstan and John Williamson for a target zone system. The reference range approach has, however, been operated only intermittently and half-heartedly, and...

Format:Paperback

Language:English

ISBN:0881320765

ISBN13:9780881320763

Release Date:September 1994

Publisher:Peterson Institute for International Economic

Length:300 Pages

Weight:0.99 lbs.

Dimensions:0.6" x 6.1" x 9.2"

Grade Range:Postsecondary and higher

Related Subjects

Business Business & Investing Economics Education & Reference Foreign Exchange International Reference

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Estimating Equilibrium Exchange Rates

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