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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Chi tiết về thư mục
Tác giả chính: Ahn, JaeBin
Tác giả khác: Mano, Rui, Zhou, Jing
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2017.
Loạt:IMF Working Papers; Working Paper ; No. 2017/081
Truy cập trực tuyến:Full text available on IMF