Financial Liberalization, Structural Change, and Real Exchange Rate Appreciations /

We account for the appreciation of the real exchange rate in Mexico between 1988 and 2002 using a two sector dynamic general equilibrium model of a small open economy with two driving forces: (i) differential productivity growth across sectors and (ii) a decline in the cost of borrowing in foreign m...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Meza, Felipe
Awduron Eraill: Urrutia, Carlos
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2010.
Cyfres:IMF Working Papers; Working Paper ; No. 2010/063
Mynediad Ar-lein:Full text available on IMF