Monetary Shocks and Real Exchange Rate Dynamics: a Reappraisal

This paper proposes a two‐country general‐equilibrium model incorporating a tradable sector with pricing‐to‐market as well as a nontradable sector. In that case, real exchange rate fluctuations arise from two sources: changes in the relative price of traded goods, that exemplify deviations from the...

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Bibliographic details
Volume: 13
Main Author: Hairault, Jean-Olivier
Sopraseuth, Thepthida
Format: Journal Article
Language: English
Place of publication: Oxford, UK Blackwell Publishing Ltd 01.08.2005
Wiley Blackwell
published in: Review of international economics Vol. 13; no. 3; pp. 576 - 596
Data of publication: 2005-08
ISSN: 0965-7576
EISSN: 1467-9396
Discipline: Business
Bibliography: We wish to thank P. Beaudry, R. Kollmann, and the anonymous referee for helpful comments. Errors and omissions are, of course, ours.
Series: Review of International Economics
Online Access: Fulltext
Database: Istex
Hyper Article en Ligne (HAL)
HAL-SHS: Archive ouverte en Sciences de l'Homme et de la Société
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