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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Bibliographic Details
Main Author: Bems, Rudolfs
Other Authors: Johnson, Robert
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/199
Online Access:Full text available on IMF