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...

Полное описание

Библиографические подробности
Главный автор: Micossi, S.
Другие авторы: Milesi-Ferretti, Gian
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1994.
Серии:IMF Working Papers; Working Paper ; No. 1994/019
Online-ссылка:Full text available on IMF