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Estimating Equilibrium Exchange Rates
 
 
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Estimating Equilibrium Exchange Rates [Paperback]

John Williamson (Editor)
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Product Details

  • Paperback: 300 pages
  • Publisher: Peterson Institute (September 1994)
  • Language: English
  • ISBN-10: 0881320765
  • ISBN-13: 978-0881320763
  • Product Dimensions: 9.2 x 6.1 x 0.6 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #2,389,105 in Books (See Top 100 in Books)

 

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1 of 1 people found the following review helpful:
3.0 out of 5 stars An excellent book but outdated, December 27, 2007
This review is from: Estimating Equilibrium Exchange Rates (Paperback)
A great book for academics or experts but as it was published in 1994 is now outdated. The book contains articles from leading experts on the methods of calculating, as the title suggests, equilibrium exchange rates. These explicitly move beyond just the PPP approach. These articles still provide useful background material for those wanting to understand the different methodologies.
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Inside This Book (learn more)
First Sentence:
Fritz Machlup's many enunciations on questions of economic semantics included the charge that attempts to identify positions of economic equilibrium were instances of "misplaced concreteness or disguised politics" (Machlup 1958). Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
real exchange rate determination, global macroeconometric model, debt intensity, foreign absorption, parallel market spread, percentage deviations from baseline, interest rateb, real exchange rate behavior, world real rate, actual real exchange rate, current account targets, productivity bias, current account outcomes, equilibrium real exchange rate, equilibrium exchange rate, currency preferences, real exchange rate misalignment, initial misalignment, comparative static approach, error correction specification, real overvaluation, target zone proposal, bilateral rates, simulations undertaken, nominal devaluation
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, World Bank, International Monetary Fund, Bretton Woods, United Kingdom, Federal Reserve, John Williamson, Latin America, International Finance, New York, University of Chicago Press, International Financial Statistics, Journal of International Economics, East Asian, Princeton University, Stanley Black, World Economic Outlook, Dickey-Fullera Error, Ibrahim Elbadawi, Japanese Deutsche French Pound Italian Canadian, Journal of Development Economics, Journal of Political Economy, Peter Clark, Pre-World War, San Diego
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