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...

Полное описание

Библиографические подробности
Главный автор: Cook, David
Другие авторы: Patel, Nikhil
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2022.
Серии:IMF Working Papers; Working Paper ; No. 2022/028
Предметы:
Online-ссылка:Full text available on IMF