The Effects of Exchange Rate Change on the Trade Balance in Croatia /
A reduced-form model approach was used to estimate the trade balance response to permanent domestic currency depreciation. For this purpose, long-run and short-run effects were estimated, using three modeling methods along with two real effective exchange rate measures. On average, a 1 percent perma...
Auteur principal: | |
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2004.
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Collection: | IMF Working Papers; Working Paper ;
No. 2004/065 |
Accès en ligne: | Full text available on IMF |