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...
| Institution som forfatter: | |
|---|---|
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2006.
|
| Serier: | Policy Papers; Policy Paper ;
No. 2006/059 |
| Online adgang: | Full text available on IMF |