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...

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Bibliografske podrobnosti
Glavni avtor: Ahn, JaeBin
Drugi avtorji: Mano, Rui, Zhou, Jing
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2017.
Serija:IMF Working Papers; Working Paper ; No. 2017/081
Online dostop:Full text available on IMF