Working Papers

Working Paper 46
Exchange Rates, Prices and Money
A Long Run Perspective

Paul De Grauwe, Marianna Grimaldi

May 31, 2001

 

The opinions are strictly those of the authors and in no way commit the OeNB.


On April 19 – 20, 2001 the Oesterreichische Nationalbank sponsored a Workshop organized by Richard Clarida (Columbia University), Helmut Frisch (TU Wien) and Eduard Hochreiter (OeNB) on „Exchange Rate and Monetary Policy Issues“. It took place at the Institute for Advanced Studies, Vienna. A number of papers presented at this workshop is being made available to a broader audience in the Working Paper series of the Bank. This volume contains the second of these papers, while the first one was issued as OeNB Working Paper 44. The paper by Paul de Grauwe and Marianna Grimaldi (p. 5ff.) is followed by a discussion by Hans Genberg (p. 49ff.).


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    Exchange Rates, Prices and Money. A Long Run Perspective Paul De Grauwe and Marianna Grimaldi

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