Exchange Rates and Trade Balance Adjustment in Emerging Market Economies
October 10, 2006
Preview Citation
Format: Chicago
Exchange Rates and Trade Balance Adjustment in Emerging Market Economies, (USA: International Monetary Fund, 0) accessed November 21, 2024
Summary
The paper finds that simple econometric specifications yield surprising rich and complex dynamics -- relative prices respond to the nominal exchange rate and pass-through effects, import and export volumes respond to relative price changes, and the trade balance responds to changes in import and export values.
Publication Details
-
Pages:
---
-
Volume:
---
-
DOI:
---
-
Issue:
---
-
Series:
Policy Papers
-
Stock No:
---
-
ISBN:
---
-
ISSN:
---
Notes
The views expressed in this paper are those of the staff and do not necessarily reflect the views of the Executive Board of the IMF.