Real Exchange Rate Volatility and the Price of Nontradables in Sudden-Stop-Prone Economies /
This paper shows that the dominant view that the high variability of real exchange rates is due to movements in exchange rate-adjusted prices of tradable goods does not hold for Mexican data for periods with a managed exchange rate. The relative price of nontradables accounts for up to 70 percent of...
Հիմնական հեղինակ: | |
---|---|
Ձևաչափ: | Ամսագիր |
Լեզու: | English |
Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2006.
|
Շարք: | IMF Working Papers; Working Paper ;
No. 2006/088 |
Առցանց հասանելիություն: | Full text available on IMF |