Real Exchange Rates and Commodity Prices in Neoclassical Model.

This paper presents a neoclassical model that explains the observed empirical relationship between government spending and world commodity supplies and the real exchange rate and real commodity prices. It is shown that fiscal expansion and increasing world commodity supplies simultaneously lead to a...

Disgrifiad llawn

Manylion Llyfryddiaeth
Awdur Corfforaethol: International Monetary Fund
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1988.
Cyfres:IMF Working Papers; Working Paper ; No. 1988/055
Mynediad Ar-lein:Full text available on IMF