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...

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書目詳細資料
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2020.
叢編:IMF Working Papers; Working Paper ; No. 2020/280
在線閱讀:Full text available on IMF