Exchange RAte Dynamics with Financial Repression: A Test of Exchange Rate Models for India
AbstractThis paper examines the relevance of the monetary approach for exchange rate behaviour in India, unde rthe managed float regime. It finds supprot for purchaisng power parity in traded goods and that the monetary approach provdies a reasonable description of exchange rate behaviour in the period of the float, given the deviation from integration of doemstic goods and assets markets from rest of the world
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Bibliographic InfoPaper provided by EconWPA in its series International Finance with number 0405013.
Length: 35 pages
Date of creation: 09 May 2004
Date of revision:
Note: Type of Document - pdf; pages: 35
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exchange rates; monetary model; purchasing power parity; managed floating; exchange rate policy; India;
Find related papers by JEL classification:
- F3 - International Economics - - International Finance
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-05-26 (All new papers)
- NEP-CWA-2004-05-16 (Central & Western Asia)
- NEP-FIN-2004-05-26 (Finance)
- NEP-IFN-2004-05-26 (International Finance)
- NEP-REG-2004-05-26 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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