The Real Exchange Rates of Germany
Center for Economic Studies Working Paper at University of Munich, Number 68
Posted: 16 Sep 1999
Date Written: September 1994
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
Suggested Citation: Suggested Citation