Determination of the real exchange rate: the experience of Barbados
Modeste, Nelson
Determination of the real exchange rate: the experience of Barbados - MonaJA ISER 1993 - 14p.
Tests the proposition that a devaluation increases the real exchange rate unless offset by strong growth either in money wages at home or in worker productivity abroad. Sketches a single model of real exchange determination and tests using data from 1974 to 1989.
11.02.01 R3361
Determination of the real exchange rate: the experience of Barbados - MonaJA ISER 1993 - 14p.
Tests the proposition that a devaluation increases the real exchange rate unless offset by strong growth either in money wages at home or in worker productivity abroad. Sketches a single model of real exchange determination and tests using data from 1974 to 1989.
11.02.01 R3361