Demand for Value Added and Value-Added Exchange Rates /

We examine the role of cross-border input linkages in governing how international relative price changes influence demand for domestic value added. We define a novel value-added real effective exchange rate (REER), which aggregates bilateral value-added price changes, and link this REER to demand fo...

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Detalhes bibliográficos
Autor principal: Bems, Rudolfs
Outros Autores: Johnson, Robert
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2015.
coleção:IMF Working Papers; Working Paper ; No. 2015/199
Acesso em linha:Full text available on IMF