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Real exchange rate volatility and the price of nontradables in sudden-stop-prone economies /

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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Mendoza, Enrique G., 1963- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2006.
Colección:IMF working paper ; WP/06/88.
Temas:
Acceso en línea:Texto completo