Sobczak, Nicolas; Prigent, Céline; Joly, Hervé - In: Économie et Prévision 123 (1996) 2, pp. 1-21
[eng] The Real Equilibrium Exchange Rate: An Introduction by Hervé Joly, Céline Prigent and Nicolas Sobczak . This article presents the two main real equilibrium exchange rate theories. The first approach is based on a two-sector general equilibrium model. It defines the real exchange rate as...
