Some notes on the behavioral equilibrium exchange rate model

A regular phenomenon of the behavioral equilibrium exchange rate (BEER) model is analyzed. The result derived by the model is proved to contradict the economic fact and that by the Balassa-Samuelson model. The BEER model cannot be used, therefore, to calculate equilibrium exchange rate.

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Year of publication:	2011-09-01
Authors:	Zhang, Zhibai

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Zhang, Zhibai (2011): Some notes on the behavioral equilibrium exchange rate model.
Classification:	F41 - Open Economy Macroeconomics ; F31 - Foreign Exchange
Source:	BASE

Persistent link: https://www.econbiz.de/10015233524