Series: IMF Working Papers
Author(s): Gian Milesi-Ferretti , and Philip Lane
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2000
Keywords: Real exchange rates, net foreign assets, exchange rates, exchange rate, real exchange rate, foreign assets
The relationship between international payments and the real exchange rate—the “transfer problem”—is a classic question in international economics. We use new data on countries’ n...