Real Exchange Rate and External Balance : How Important Are Price Deflators? /

This paper contrasts real exchange rate (RER) measures based on different deflators (CPI, GDP deflator, and ULC) and discusses potential implications for the link-or lack thereof-between RER and external balance. We begin by documenting patterns in the evolution of different measures of RERs, and co...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ahn, JaeBin
مؤلفون آخرون: Mano, Rui, Zhou, Jing
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Working Papers; Working Paper ; No. 2017/081
الوصول للمادة أونلاين:Full text available on IMF