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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Ahn, JaeBin
Rannpháirtithe: Mano, Rui, Zhou, Jing
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2017.
Sraith:IMF Working Papers; Working Paper ; No. 2017/081
Rochtain ar líne:Full text available on IMF