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This paper discusses exchange rate issues in advanced and in developing countries. For the determination of exchange rates among industrialized countries the key question is the following: What is the right framework -- the monetary approach, the equilibrium approach, the new classical approach...
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Argentina with th fact that monetary disinflation rapidly leads to real appreciation, unemployment and money creation induced by …
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Argentina with th fact that monetary disinflation rapidly leads to real appreciation, unemployment and money creation induced by …
Persistent link: https://www.econbiz.de/10013232925
This paper discusses exchange rate issues in advanced and in developing countries. For the determination of exchange rates among industrialized countries the key question is the following: What is the right framework -- the monetary approach, the equilibrium approach, the new classical approach...
Persistent link: https://www.econbiz.de/10013217620
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