The Real Exchange Rates of Germany

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

Posted: 16 Sep 1999

See all articles by Jerome L. Stein

Jerome L. Stein

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

Karlhans Sauernheimer

Johannes Gutenberg University Mainz - Department of Economic Theory

Date Written: September 1994

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

Suggested Citation

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

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)

Poschinger Str. 5
Munich, DE-81679
Germany

Karl-Hans Sauernheimer

Johannes Gutenberg University Mainz - Department of Economic Theory ( email )

D 55099 Mainz
Germany

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