Exchange Rates and Trade Balance Adjustment in Emerging Market Economies.
The paper finds that simple econometric specifications yield surprising rich and complex dynamics -- relative prices respond to the nominal exchange rate and pass-through effects, import and export volumes respond to relative price changes, and the trade balance responds to changes in import and exp...
| 企业作者: | |
|---|---|
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2006.
|
| 丛编: | Policy Papers; Policy Paper ;
No. 2006/059 |
| 在线阅读: | Full text available on IMF |