Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Research Department, issuing body.
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| ISBN: | 1451895097
9781451895094
1281258377
9781281258373
9786613777973
6613777978
9781451848410
1451848412
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| ISSN: | 2227-8885
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| Notes: | Includes bibliographical references (pages 25-28).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Misalignment - the deviation of the actual real exchange rate from its equilibrium value - has been a topic of research that has occupied exchange rate analysts for many years. While the desirability of a policy which keeps the exchange rate on its equilibrium path has broad consensus (especially when the costs,2 as evident in the recent Asian currency crisis, are considered) there remains a number of issues to be confronted. There is the conceptual issue of the definition of the equilibrium real exchange rate, the empirical issue of the estimation of the determinants of the rate and the policy issue of the evaluation of the misalignment.
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| Other form: | Print version: Lim, G.C. (Guay C.). Misalignment and managed exchange rates. [Washington, D.C.] : International Monetary Fund, Research Dept., ©2000
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| Standard no.: | 10.5089/9781451895094.001
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