The Determination of the Equilibrium Exchange Rate in a Simple General Equilibrium Model
Résumé
In this article, we develop an analytical general equilibrium model of the equilibrium exchange rate for
emerging countries.This theoretical framework allows us to identify a relevant set of variables which determinate
the equilibrium exchange rate and to explore how these variables influence the trajectory of the
equilibrium exchange rate.
emerging countries.This theoretical framework allows us to identify a relevant set of variables which determinate
the equilibrium exchange rate and to explore how these variables influence the trajectory of the
equilibrium exchange rate.