NATREX

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Details

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. NATREX stands for NATural Real EXchange rate. It attempts to give a fair value for a currency. It is part of the family of long run equilibrium exchange rate theories (FEER, BEER, and NATREX). Notably the The approach offers an alternative paradigm to the Purchasing Power Parity for equilibrium real exchange rates. Natrex can be compared to PPP (Purchasing Power Parity) type methods. These are based mainly on an analysis of the goods and services market. However the NATREX also integrates capital flows as long-term determining factors for exchange rates. This makes it easier to consider NATREX as a real equilibrium exchange rate. Stein / (2006) has offered the clearest definition of the NATREX-based view of the Equilibrium Real Exchange Rate: The equilibrium value of the real exchange rate NATREX is a sustainable rate that satisfies several criteria. First; it is consistent with internal balance.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130591458
    • Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
    • Größe H220mm x B220mm
    • EAN 9786130591458
    • Format Fachbuch
    • Titel NATREX
    • Herausgeber Betascript Publishing
    • Anzahl Seiten 72
    • Genre Wirtschaft

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