Real exchange rate volatility and the price of nontradables in sudden-stop-prone economies / prepared by Enrique G. Mendoza.
This paper shows that the dominant view that the high variability of real exchange rates is due to movements in exchange rate-adjusted prices of tradable goods does not hold for Mexican data for periods with a managed exchange rate. The relative price of nontradables accounts for up to 70 percent of...
Saved in:
Online Access: |
Full Text (via ProQuest) |
---|---|
Main Author: | |
Format: | eBook |
Language: | English |
Published: |
[Washington, D.C.] :
International Monetary Fund,
©2006.
|
Series: | IMF working paper ;
WP/06/88. |
Subjects: |
Internet
Full Text (via ProQuest)Online
Call Number: |
HG3916 .M46 2006eb
|
---|---|
HG3916 .M46 2006eb | Available |