Real Convergence and Real Appreciation

Cunha, Luís Campos e; Machado, José António Ferreira

http://hdl.handle.net/10362/85983

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Autores

Cunha, Luís Campos e

Machado, José António Ferreira

Resumo(s)

We evaluate whether real factors associated with rising relative incomes can help explaining the trend of real appreciation in the Iberian economies. Overall, for the last three decades, the real exchange rate was found to move in line with the per capita factor endowments, but the period 1989-1992 in Portugal appears to be an exception.

URI

http://hdl.handle.net/10362/85983

Citação

Cunha, Luís Campos e and Machado, José António Ferreira, Real Convergence and Real Appreciation (December, 1993). FEUNL Working Paper Series No. 211

Editora

Nova SBE

Coleções

NSBE - Working Paper Series

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