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Real and nominal exchange rate variability
Authors:Richard C. Marston
Affiliation:(1) Wharton School, University of Pennsylvania, 3403 Steinberg Hall-Dietrich Hall, 19104-6367 Philadelphia, PA, USA
Abstract:Keynote lecture presented to the annual convention of the Austrian Economic Association in Vienna, October 5 and 6, 1989. I would like to thank Paul De Grauwe, Helmut Frisch, and other participants at the convention for their comments and suggestions. I would also like to thank Jack Glen for providing the monthly exchange rate data used in Table 1.
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