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...

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Xehetasun bibliografikoak
Egile nagusia: Spilimbergo, Antonio
Beste egile batzuk: Vamvakidis, Athanasios
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2000.
Saila:IMF Working Papers; Working Paper ; No. 2000/128
Sarrera elektronikoa:Full text available on IMF