What Explains India's Real Appreciation? /
We examine the evolution of nontradable and tradable prices in the Indian economy over 1980-2002 and find widening differentials: the real exchange rate has been appreciating. This might seem unsurprising, since India's rapid per capita income growth suggests Balassa-Samuelson factors at play....
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| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2007.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2007/268 |
| Accesso online: | Full text available on IMF |