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The Real Exchange Rates of Germany


Jerome L. Stein


Brown University - Division of Applied Mathematics; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

Karlhans Sauernheimer


University of Mainz - Department of Economic Theory

September 1994

Center for Economic Studies Working Paper at University of Munich, Number 68

Abstract:     
First: we explain, within the context of a theoretically consistent model, what are the fundamental external and internal determinants of the real effective exchange rate of Germany. Second: we explain how one should view the real effective exchange rate in evaluating the competitiveness of the German economy.

JEL Classification: F31, F32, F34, F47

working papers series


Date posted: September 16, 1999  

Suggested Citation

Stein, Jerome L. and Sauernheimer, Karlhans, The Real Exchange Rates of Germany (September 1994). Center for Economic Studies Working Paper at University of Munich, Number 68. Available at SSRN: http://ssrn.com/abstract=6163

Contact Information

Jerome L. Stein (Contact Author)
Brown University - Division of Applied Mathematics ( email )
Providence, RI 02912
United States
401-863-2143 (Phone)
401-863-1355 (Fax)
CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
Poschinger Str. 5
Munich, DE-81679
Germany
Karl-Hans Sauernheimer
University of Mainz - Department of Economic Theory ( email )
D 55099 Mainz
Germany
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