Issues in the Assessment of the Exchange Rates of Industrial Countries

In its surveillance activities, the Fund is frequently confronted with the difficult problem of how to identify exchange rate behavior that is unrelated to underlying economic and financial conditions and, consequently, should be viewed with concern from a national or international standpoint. This...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1984
Series:Occasional Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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260 |a Washington, D.C.  |b International Monetary Fund  |c 1984 
300 |a 35 pages 
651 4 |a United States 
653 |a Current Account Adjustment 
653 |a Real effective exchange rates 
653 |a Current account 
653 |a Real interest rates 
653 |a Banks and Banking 
653 |a Labour 
653 |a Long-term Capital Movements 
653 |a Current account balance 
653 |a Exports and Imports 
653 |a Financial services 
653 |a Currency 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Finance: General 
653 |a Labor costs 
653 |a Interest rates 
653 |a Interest Rates: Determination, Term Structure, and Effects 
653 |a Balance of payments 
653 |a Finance 
653 |a Short-term Capital Movements 
653 |a Exchange rates 
653 |a Income economics 
653 |a International economics 
653 |a Foreign Exchange 
653 |a International Investment 
653 |a Foreign exchange 
653 |a Capital movements 
653 |a Labor 
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520 |a In its surveillance activities, the Fund is frequently confronted with the difficult problem of how to identify exchange rate behavior that is unrelated to underlying economic and financial conditions and, consequently, should be viewed with concern from a national or international standpoint. This paper considers the various issues related to this problem as it pertains to industrial countries, both those that have independently floating exchange rates and those that operate under other exchange arrangements