The Effects of Exchange Rate Fluctuationson Output and Prices : Evidence From Developing Countries /

The paper examines the effects of exchange rate fluctuations on real output and the price level in a sample of 33 developing countries. The theoretical model decomposes movements in the exchange rate into anticipated and unanticipated components. Unanticipated currency fluctuations help to determine...

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Glavni avtor: Kandil, Magda
Drugi avtorji: Mirzaie, Ida
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2003.
Serija:IMF Working Papers; Working Paper ; No. 2003/200
Online dostop:Full text available on IMF
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100 1 |a Kandil, Magda. 
245 1 4 |a The Effects of Exchange Rate Fluctuationson Output and Prices :   |b Evidence From Developing Countries /  |c Magda Kandil, Ida Mirzaie. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2003. 
300 |a 1 online resource (32 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper examines the effects of exchange rate fluctuations on real output and the price level in a sample of 33 developing countries. The theoretical model decomposes movements in the exchange rate into anticipated and unanticipated components. Unanticipated currency fluctuations help to determine aggregate demand through exports, imports, and the demand for domestic currency, and aggregate supply through the cost of imported intermediate goods. Anticipated exchange rate depreciation, through the supply channel, has limited effects on output growth and inflation. Unanticipated currency fluctuations appear more significant, with varying effects on output growth and price inflation across developing countries. 
538 |a Mode of access: Internet 
700 1 |a Mirzaie, Ida. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2003/200 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2003/200/001.2003.issue-200-en.xml  |z IMF e-Library