Leading international economists explore one crucial issue in the design of a target zone system: the problem of calculating Williamson's concept of the fundamental equilibrium exchange rate (FEER). Williamson, a fellow at the Institute for International Economics, contributes an overview of the policy and analytic issues and a chapter on his own calculations. Other contributors discuss the conceptual and empirical issues involved in their approaches to the problem. Annotation copyright Book News, Inc. Portland, Or.
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Da: BooksRun, Philadelphia, PA, U.S.A.
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