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Do Exchange Rate Move to Address International Macroeconomic Imbalances?

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Author Info
Matthew B. Canzoneri
Javier Vallés
José Viñals

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Abstract

This paper provides empirical evidence on the effectiveness of movements in nominal exchange rates in smooting cyclical imbalances between countries, as explained by the literature on optimal currency areas.

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Publisher Info
Paper provided by Banco de España in its series Banco de España Working Papers with number 9626.

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Length: 51 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:bde:wpaper:9626

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Related research
Keywords: EXCHANGE RATE; FINANCIAL POLICY;

Other versions of this item:

Find related papers by JEL classification:
F30 - International Economics - - International Finance - - - General
F31 - International Economics - - International Finance - - - Foreign Exchange

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This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.
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This page was last updated on 2009-12-30.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.