00540nam a2200109Ia 4500080001900000100002000019245007200039260002300111300000900134520026800143583001900411 a11.02.01 R3361 aModeste, Nelson aDetermination of the real exchange rate: the experience of Barbados bISERaMonaJAc1993 a14p. aTests 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. c3/7/00kM2LMGR