Abstract
The empirical evidence presented in this monograph is an attempt to revive the monetary model of exchange rate determination as a long run relationship. The interesting feature of this interpretation of the monetary model is that it allows for short run deviations of the exchange rate from its fundamentals.
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© 1992 Springer-Verlag Berlin Heidelberg
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Gardeazabal, J., Regúlez, M. (1992). Conclusions. In: The Monetary Model of Exchange Rates and Cointegration. Lecture Notes in Economics and Mathematical Systems, vol 385. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-48858-0_11
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DOI: https://doi.org/10.1007/978-3-642-48858-0_11
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-55635-0
Online ISBN: 978-3-642-48858-0
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