Theory and Practice of Equilibrium Exchange Rates
Marin Martinez, Carmen![Theory and Practice of Equilibrium Exchange Rates](https://support.digitalhusky.com/media/annotations/sorted/481/4811765/CHSBZCOP034811765.jpg)
Most economists would agree that the real exchangerate is a determinant variable for a well workingeconomy. So far, a big deal of different literaturehad come out to shed some light on exchange ratebehaviour. The peculiarity of exchange rates is thatthey can be understood as a monetary or a realphenomenon, so many approaches and differentconclusions can be found in the specializedliterature. The professionals on the topic are farfrom consensus...