Relationship between external wealth, trade balance, and the real exchange rate : a case study on the US.
Lane and Milesi-Ferreti (2002) show that a country’s external wealth, trade balance and the real exchange rate are interrelated. They shown that in the long-run, there is a negative relation between the trade balance and the real exchange rate. And that the magnitude of the trade balance coefficient...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2010
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/42420 |