Real Exchange Rates and the Prices of Nontradable Goods /

This paper attempts to provide a perspective on real exchange rate developments following the inception of the EMS. The focus is on structural determinants of real exchange rates, notably the behavior of tradables and nontradable prices and productivity. It is found that changes in the relative pric...

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Hlavní autor: Micossi, S.
Další autoři: Milesi-Ferretti, Gian
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1994.
Edice:IMF Working Papers; Working Paper ; No. 1994/019
On-line přístup:Full text available on IMF