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Determination of the real exchange rate: the experience of Barbados

By:

Modeste, Nelson

Material type: Text

TextPublication details: ISER MonaJA 1993Description: 14pAction note:

3/7/00 M2LMGR

Summary: 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.

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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.

3/7/00 M2LMGR

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