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A re-examination of the link between real exchange rates and real interest rate differentials
Hoffmann, Mathias; MacDonald, Ronald - 2003
The real exchange rate - real interest rate (RERI) relationship is central to most open economy macroeconomic models. However, empirical support for the relationship, especially when cointegrationbased methods are used, is rather weak. In this paper we reinvestigate the RERI relationship using...
Persistent link: https://www.econbiz.de/10011506475
Cover Image
A re-examination of the link between real exchange rates and real interest rate differentials
Hoffmann, Mathias; MacDonald, Ronald - 2003
The real exchange rate - real interest rate (RERI) relationship is central to most open economy macroeconomic models. However, empirical support for the relationship, especially when cointegrationbased methods are used, is rather weak. In this paper we reinvestigate the RERI relationship using...
Persistent link: https://www.econbiz.de/10001753573
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A re-examination of the link between real exchange rates and real interest rate differentials
Hoffmann, Mathias (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003564640
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Credibility and fiscal policy in the ERM
Hughes Hallett, Andrew; Ignjatovic, Milena; MacDonald, … - 1997
Persistent link: https://www.econbiz.de/10000973680
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Violations of the "rules of the game" and the credibility of the classical gold standard, 1880 - 1914
Bordo, Michael D.; MacDonald, Ronald - 1997
Persistent link: https://www.econbiz.de/10000973758
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Violations of the 'rules of the game' and the credibility of the classical gold standard, 1880 - 1914
Bordo, Michael D.; MacDonald, Ronald - 1997
Persistent link: https://www.econbiz.de/10000637483
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The inter-war gold exchange standard : credibility and monetary independence
Bordo, Michael D.; MacDonald, Ronald - 2001
Persistent link: https://www.econbiz.de/10001609584