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...
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Outros autores: | |
Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2010.
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Series: | IMF Working Papers; Working Paper ;
No. 2010/063 |
Acceso en liña: | Full text available on IMF |