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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Stucka, Tihomir
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
Colecção:IMF Working Papers; Working Paper ; No. 2004/065
Acesso em linha:Full text available on IMF