Exchange Rates: in Search of Strategic Equilibrium

Anton Kuzmin
Economic Dinamics
#1. Event Horison
Exchange Rates: in Search of Strategic Equilibrium
2018
,
#1. Event Horison
Keywords:
balance of payments
,
modeling
,
exchange rate
,
international competitive advantages
,
general economic equilibrium
,
fundamental macroeconomic factors.

As a result of further theoretical development of approaches to modeling equilibrium exchange rates developed a generalized dynamic model based on the concepts of macroeconomic equilibrium and the balance of payments with regard to the mechanism of formation relative international competitive advantage. In the framework proposed by the author concept IFEER withdrawn the final formula of the equilibrium exchange rates depending on the fundamental macroeconomic indicators.

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