The IMF fiscal impulses and the determination of the real exchange rate of the Spanish peseta
Mariam Camarero
Applied Economics Letters, 2002, vol. 9, issue 4, 235-240
Abstract:
In this paper a Keynesian model is applied for real exchange rate determination based on the concept of fiscal impulses. This model was proposed by Obstfeld (1985) and studies the effect of relative demand shocks on the real exchange rate.
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:9:y:2002:i:4:p:235-240
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DOI: 10.1080/13504850110057965
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