No Pain, All Gain? : Exchange Rate Flexibility and the Expenditure-Switching Effect /

Theoretical models on the relationship between prices and exchange rates predict that the magnitude of expenditure switching affects the optimal choice of exchange rate regime. Focusing on the transmission of terms-of-trade shocks to domestic real variables we document that the magnitude of the expe...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Carriere-Swallow, Yan
Rannpháirtithe: Magud, Nicolas, Yepez, Juan
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2018.
Sraith:IMF Working Papers; Working Paper ; No. 2018/213
Rochtain ar líne:Full text available on IMF