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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Detalles Bibliográficos
Autor Principal: Spilimbergo, Antonio
Outros autores: Vamvakidis, Athanasios
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/128
Acceso en liña:Full text available on IMF