The Monetary Approach to the Exchange Rate: Rational Expectations, Long-Run Equilibrium and Forecasting Ronald MacDonald photograph

The Monetary Approach To The Exchange Rate: Rational Expectations, Long-Run Equilibrium And Forecasting Ronald MacDonald

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Published May 1992
Authors Ronald MacDonald
Mark P. Taylor
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ID4046821
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About The Monetary Approach To The Exchange Rate: Rational Expectations, Long-Run Equilibrium And Forecasting Ronald MacDonald


We re-examine the monetary approach to the exchange rate from a number of perspectives, using monthly data on the deutschemark-dollar exchange rate. ...

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