Real Exchange Rates and Productivity : Closed-Form Solutions and Some Empirical Evidence /

This paper examines the impact of productivity shocks on real exchange rate fluctuations in a dynamic international general equilibrium model with nontraded goods. The model predicts a close association between relative technology shocks and bilateral real exchange rate movements. Empirical results...

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Xehetasun bibliografikoak
Egile nagusia: Zaman, Jahanara
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2000.
Saila:IMF Working Papers; Working Paper ; No. 2000/099
Sarrera elektronikoa:Full text available on IMF