Remoteness and real exchange rate volatility /

This paper examines the impact of trade costs on real exchange rate volatility. The channel is examined by constructing a two-country Ricardian model of trade, based on the work of Dornbusch, Fischer, and Samuelson (1977), which shows that higher trade costs result in a larger nontradable sector. Th...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Bravo-Ortega, Claudio (Autor), Di Giovanni, Julian (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research Dept., 2005.
Colección:IMF working paper ; WP/05/1.
Temas:
Foreign exchange rates > Econometric models.
Comparative advantage (International trade)
Taux de change > Modèles économétriques.
Avantage comparatif (Commerce international)
Foreign exchange rates > Econometric models
Acceso en línea:Texto completo
Tabla de Contenidos:
  • I. INTRODUCTION; II. AN OPEN ECONOMY MODEL FOR JAMAICA; III. AN OPTIMAL MONETARY POLICY RULE; IV. POLICY MIX OF THE BANK OF JAMAICA; V. ALTERNATIVE QUASI-EFFICIENT POLICY RULE; VI. POLICY IMPLICATIONS; VII. CONCLUSION; REFERENCES.

Ejemplares similares