Taux de change d'équilibre. Une question d'horizon

Agnès Benassy-Quere, Sophie Béreau () and Valérie Mignon ()

Revue économique, 2009, vol. 60, issue 3, 657-666

Abstract: We argue that the main equilibrium exchange rate approaches (ppp, beer, and feer) correspond to different time horizons of a single theoretical framework. We propose an illustration for the euro/dollar exchange rate. Our results suggest that the various approaches should not be opposed but rather combined to provide useful benchmarks for exchange-rate policies. Classification JEL : F31, C23.

JEL-codes: C23 F31 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (6)

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Working Paper: Taux de change d'équilibre: une question d'horizon (2009)
Working Paper: Taux de change d'équilibre: une question d'horizon (2009)
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