Terms-of-Trade Shocks are Not all Alike.
When analyzing terms-of-trade shocks, it is implicitly assumed that the economy responds symmetrically to changes in export and import prices. Using a sample of developing countries our paper shows that this is not the case. We construct export and import price indices using commodity and manufactur...
| Format: | Žurnal |
|---|---|
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2020.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2020/280 |
| Online pristup: | Full text available on IMF |