Can International Macroeconomic Models Explain Low-Frequency Movements of Real Exchange Rates? /

Real exchange rates exhibit important low-frequency fluctuations. This makes the analysis of real exchange rates at all frequencies a more sound exercise than the typical business cycle one, which compares actual and simulated data after the Hodrick-Prescott filter is applied to both. A simple two-c...

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Chi tiết về thư mục
Tác giả chính: Rabanal, Pau
Tác giả khác: Rubio-Ramirez, Juan
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2012.
Loạt:IMF Working Papers; Working Paper ; No. 2012/013
Những chủ đề:
Truy cập trực tuyến:Full text available on IMF