Trade Liberalization and Real Exchange Rate Movement /
Although theory suggests that the real exchange rate should depreciate after a credible trade liberalization but could appreciate temporarily with a noncredible one, little empirical evidence exists. Unlike existing studies that use either indirect tests or unreliable openness measures, this paper u...
Autore principale: | |
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2003.
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Serie: | IMF Working Papers; Working Paper ;
No. 2003/124 |
Accesso online: | Full text available on IMF |