Limiting Currency Volatility to Stimulate Goods Market Integration : A Price-Based Approach /

This paper studies the effect of instrumental and institutional stabilization of exchange rate volatility on the integration of goods markets. Rather than using data on volume of trade, this paper employs a 3-dimensional panel of prices of 95 very disaggregated goods (e.g., light bulbs) in 83 cities...

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Bibliographic Details
Main Author: Parsley, David
Other Authors: Wei, Shang-Jin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/197
Online Access:Full text available on IMF