Consumption Smoothing and Exchange Rate Volatility /
This paper analyzes exchange rate behavior in a model where consumers trade goods to diversify shocks to their income. A model with traded and nontraded goods is simulated in a multilateral context based upon historical output correlations for the period 1970-92. Simulation results indicate that the...
প্রধান লেখক: | |
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বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
1995.
|
মালা: | IMF Working Papers; Working Paper ;
No. 1995/108 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |