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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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2022.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2022/028 |
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Online Zugang: | Full text available on IMF |