Theory and Practice of Equilibrium Exchange Rates
Marin Martinez, Carmen
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...