The Importance of Nontradeable Goods' Prices in Cyclical Real Exchange Rate Fluctuations

Changes in the price of nontradable goods relative to tradable goods account for roughly 50% of the cyclical movements in real exchange rates.

Year of publication:	2005-10
Authors:	Burstein, Ariel Tomas ; Eichenbaum, Martin ; Rebelo, Sérgio
Institutions:	C.E.P.R. Discussion Papers
Subject:	nominal exchange rates \| nontradeable goods \| prices \| tradeable goods

Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 5306
Classification:	F31 - Foreign Exchange
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005666669