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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Micossi, S.
Outros autores: Milesi-Ferretti, Gian
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/019
Acceso en liña:Full text available on IMF