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....
| 第一著者: | |
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| その他の著者: | , |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2018.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 2018/107 |
| オンライン･アクセス: | Full text available on IMF |