Real Exchange Rates and Fundamentals : A Cross-Country Perspective /

This paper employs newly constructed measures for productivity differentials, external imbalances, and commodity terms of trade to estimate a panel cointegrating relationship between real exchange rates and a set of fundamentals for a sample of 48 industrial countries and emerging markets. It finds...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Ricci, Luca
Weitere Verfasser: Lee, Jaewoo, Milesi-Ferretti, Gian
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/013
Online Zugang:Full text available on IMF