Is the Exchange Rate a Shock Absorber? : The Case of Sweden /

This paper uses a structural vector autoregression representation of the Mundell-Flemming model to analyze the determinants of movements in Sweden's real exchange rate. It finds that, while (supply and demand) shocks account for over 60 percent of the forecast error variance, comparable to seve...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Thomas, Alun
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1997.
سلاسل:IMF Working Papers; Working Paper ; No. 1997/176
الوصول للمادة أونلاين:Full text available on IMF