Commodity Currencies and Empirical Exchange Rate Puzzles /

This paper re-examines empirical exchange rate puzzles by focusing on three OECD economies (Australia, Canada, and New Zealand) where primary commodities constitute a significant share of their exports. For Australia and New Zealand especially, we find that the U.S. dollar price of their commodity e...

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Bibliographic Details
Main Author: Rogoff, Kenneth
Other Authors: Chen, Yu-chin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/027
Online Access:Full text available on IMF