Dollar Invoicing, Global Value Chains, and the Business Cycle Dynamics of International Trade /

Recent literature has highlighted that international trade is mostly priced in a few key vehicle currencies and is increasingly dominated by intermediate goods and global value chains (GVCs). Taking these features into account, this paper reexamines the relationship between monetary policy, exchange...

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Hlavní autor: Cook, David
Další autoři: Patel, Nikhil
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2022.
Edice:IMF Working Papers; Working Paper ; No. 2022/028
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On-line přístup:Full text available on IMF