The Asymmetric Effects of Exchange Rate Fluctuations : Theory and Evidence From Developing Countries /
The paper examines the asymmetric effects of exchange rate fluctuations on real output and price in developing countries. The theoretical model decomposes movements in the exchange rate into anticipated and unanticipated components. Unanticipated currency fluctuations determine aggregate demand thro...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2000.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2000/184 |
| Online-ссылка: | Full text available on IMF |