Revisiting the importance of non-tradable goods' prices in cyclical real exchange rate fluctuations
نویسندگان
چکیده
منابع مشابه
The Importance of Nontradable Goods’ Prices in Cyclical Real Exchange Rate Fluctuations
Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates. J.E.L. Classification: F31 ∗UCLA. †Northwestern University, NBER, and Federal Reserve of Chicago. ‡Northwestern University, NBER, and CEPR.
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ژورنال
عنوان ژورنال: European Economic Review
سال: 2013
ISSN: 0014-2921
DOI: 10.1016/j.euroecorev.2012.10.007