Exchange rate misalignment : concept and measurement for developing countries /
Lawrence E. Hinkle, Peter J. Montiel.
- Washington, D.C : Banco Mundial, 1999.
- xviii, 614 páginas : ilustradas con gráficos ; 23 cm.
1. Exchange Rate Misalignment: An Overview / PART I: THE REAL EXCHANGE RATE: CONCEPTS AND MEASUREMENT. 2. External Real Exchange Rates: Purchasing Power Parity, the Mundell-Fleming Model, and Competitiveness in Traded Goods / 3. The Two-Good Internal RER for Tradables and Nontradables / 4. The Three-Good Internal RER for Exports, Imports, and Domestic Goods / PART II: DETERMINANTS OF THE EQUILIBRIUM REAL EXCHANGE RATE. 5. The Long-Run Equilibrium Real Exchange Rate: Conceptual Issues and Empirical Research / 6. Determinants of the Long-Run Equilibrium Real Exchange Rate: An Analytical Model / PART III: METHODOLOGIES FOR ESTIMATING THE EQUILIBRIUM RER: Empirical Applications. 7. Estimating the Equilibrium Real Exchange Rate Empirically: Operational Approaches / 8. Estimates of Real Exchange Rate Misalignment with a Simple General-Equilibrium Model / 9. Long-Run Real Exchange Rate Changes in Developing Countries: Simulations from an Econometric Model / 10. Single-Equation Estimation of the Equilibrium Real Exchange Rate / PART IV: POLICY AND OPERATIONAL CONSIDERATIONS. 11. The Three Pessimisms: Real Exchange Rates and Trade Flows in Developing Countries / 12. The Use of the Parallel Market Rate as a Guide to Setting the Official Exchange Rate / 13. A Note on Nominal Devaluations, Inflation, and the Real Exchange Rate / Index, 605. Peter J. Montiel and Lawrence E. Hinkle, 1. -- Lawrence E. Hinkle and Fabien Nsengiyumva, 41. -- Lawrence E. Hinkle and Fabien Nsengiyurmva, 113. -- Lawrence E. Hinkle and Fabien Nsengiyumva, 175. -- Peter J. Montiel, 219. -- Peter J. Montiel, 264. -- Theodore 0. Ahlers and Lawrence E. Hinkle, 293. -- Shantayanan Devarajan, 359. -- Nadeem Ul Haque and Peter J. Montiel, 381. -- John Baffes, Ibrahim A. Elbadawi, and Stephen A. O' Connell, 405. -- Nita Ghei and Lant Pritchett, 467. -- Nita Ghei and Steven B. Kamin, 467. -- Nita Ghei and Lawrence E. Hinkle, 539. –References, 587. --