Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?

The source of real exchange rate uctuations: deviations from the law of one price for traded goods in the relative prices of nontraded to traded goods across countries or both. The correlation between the real exchange rate and relative consumption.

Рубрика Экономика и экономическая теория
Вид научная работа
Язык английский
Дата добавления 28.06.2013
Размер файла 421,6 K

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