Occasional Papers

Exchange Rates and Economic Fundamentals: A Framework for Analysis

Author/Editor:

Steven A. Symansky ; Peter B. Clark ; Leonardo Bartolini ; Tamim Bayoumi

Publication Date:

September 15, 1994

Summary:

This paper summarizes the methods and types of indicators that are often employed, both insid and outside the IMF, to assess whether exchange rates are broadly in line with economic fundamentals.

Series:

Occasional Paper No. 1994/001

Subject:

Balance of payments Competition Current account Exchange rates Financial markets Foreign exchange Purchasing power parity Real exchange rates