Purchasing Power Parity and New Trade Theory /
This paper theoretically derives and empirically tests the implications of a new trade theory framework for the systematic movements in the real exchange rate. It focuses on the effect of imperfect substitutability of tradables and on the importance of competitiveness, for which we construct an orig...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2002.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2002/032 |
| Online Access: | Full text available on IMF |