Are Our FEERs Justified?
The Fundamental Equilibrium Exchange Rate (FEER) method of calculating an equilibrium real exchange rate is the most widely used alternative to PPP. This paper presents the first comprehensive historical test of FEER calculations for six major economies, using estimates for the last twenty years. We...
| Main Authors: | , , |
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| Format: | Working paper |
| Language: | English |
| Published: |
School of Business and Economics (University of Exeter)
2000
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