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This study analyzes the dynamics between real effective exchange rates and current account patterns from a novel perspective. We start by dissecting long-run and time-varying short-run dynamics between both variables. Following this, we extend our framework by including interest rates into our...
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-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current …
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-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current …
Persistent link: https://www.econbiz.de/10012672477