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  • 1 https://isni.org/isni/0000000404811396, International Monetary Fund

Abstract

This paper summarizes the methods and types of indicators that are often employed, both insid and outside the IMF, to assess whether exchange rates are broadly in line with economic fundamentals.

References

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Cited By

  • Abuaf, Niso, and Philippe Jorion, Purchasing Power Parity in the Long Run,” Journal of Finance, Vol. 45 (March 1990), pp. 15774.

    • Search Google Scholar
    • Export Citation
  • Aghevli, Bijan B., Mohsin S. Khan, Montiel, Peter J Exchange Rate Policy in Developing Countries: Some Analytical Issues, IMF Occasional Paper No. 78 (Washington: International Monetary Fund, March 1991).

    • Search Google Scholar
    • Export Citation
  • Armington, Paul S., A Theory of Demand for Products Distinguished by Place of Production,” Staff Papers, International Monetary Fund (Washington), Vol. 16 (March 1969), pp. 15978.

    • Search Google Scholar
    • Export Citation
  • Artis, Michael J., and Mark P. Taylor, DEER Hunting: Misalignment, Debt Accumulation, and Desired Equilibrium Exchange Rates,” IMF Working Paper WP/93/48 (Washington: International Monetary Fund, June 1993).

    • Search Google Scholar
    • Export Citation
  • Artus, Jacques R., Methods of Assessing the Long-Run Equilibrium Value of an Exchange Rate,” IMF Research Department, No. DM/77/124 (unpublished, International Monetary Fund, December 1977).

    • Search Google Scholar
    • Export Citation
  • Balassa, B., The Purchasing Power Parity Doctrine: A Reappraisal,” Journal of Political Economy, Vol. 72 (December 1964), pp. 58496.

    • Search Google Scholar
    • Export Citation
  • Baldwin, Richard E., Hysteresis in Import Prices: The Beachhead Effect,” American Economic Review, Vol. 78 (September 1988), pp. 77385.

    • Search Google Scholar
    • Export Citation
  • Baldwin, Richard E., and Paul R. Krugman, Persistent Trade Effects of Large Exchange Rate Shocks,” Quarterly Journal of Economics, Vol. 104 (November 1989), pp. 63554.

    • Search Google Scholar
    • Export Citation
  • Barrell, Ray, and Simon Wren-Lewis, Fundamental Equilibrium Exchange Rates for the G-7,” Discussion Paper No. 323 (London: Centre for Economic Policy Research, June 1989).

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