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...

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Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2006.
Edice:Policy Papers; Policy Paper ; No. 2006/059
On-line přístup:Full text available on IMF
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Shrnutí: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 export values.
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Fyzický popis:1 online resource (44 pages)
Médium:Mode of access: Internet
ISSN:2663-3493
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students