Real Effective Exchange Rate and the Constant Elasticity of Substitution Assumption /
The real effective exchange rate is an aggregation of several bilateral real exchange rates with respect to other countries. The aggregation is usually done under the assumption of constant elasticity of substitution (CES) between products from different countries. We investigate the validity of thi...
Главный автор: | Spilimbergo, Antonio |
---|---|
Другие авторы: | Vamvakidis, Athanasios |
Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2000.
|
Серии: | IMF Working Papers; Working Paper ;
No. 2000/128 |
Online-ссылка: | Full text available on IMF |
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