| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055294 | Economic Modelling | 2012 | 10 Pages |
Abstract
⺠We develop a world-wide equilibrium exchange rate model. ⺠World trade consistency requires restrictions on trade elasticities. ⺠Non-consistent ex ante trade balance targets are solved by equalizing target gaps. ⺠All countries reach reasonably their target. ⺠From 2006 to 2010, the dollar closed half of its initial overvaluation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Benjamin Carton, Karine Hervé,