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...

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מידע ביבליוגרפי
מחבר ראשי: Carriere-Swallow, Yan
מחברים אחרים: Magud, Nicolas, Yepez, Juan
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2018.
סדרה:IMF Working Papers; Working Paper ; No. 2018/213
גישה מקוונת:Full text available on IMF