Real Exchange Rates, Economic Complexity, and Investment /

We show that the response of firm-level investment to real exchange rate movements varies depending on the production structure of the economy. Firms in advanced economies and in emerging Asia increase investment when the domestic currency weakens, in line with the traditional Mundell-Fleming model....

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Brito, Steve
مؤلفون آخرون: Magud, Nicolas, Sosa, Sebastian
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2018.
سلاسل:IMF Working Papers; Working Paper ; No. 2018/107
الوصول للمادة أونلاين:Full text available on IMF