skip to content
Real exchange rates and fundamentals : a cross-country perspective Preview this item
ClosePreview this item
Checking...

Real exchange rates and fundamentals : a cross-country perspective

Author: Luca Antonio Ricci; Gian Maria Milesi-Ferretti; Jaewoo Lee; International Monetary Fund. Research Department.
Publisher: Washington, D.C. : International Monetary Fund, Research Dept., ©2008.
Series: IMF working paper, WP/08/13.
Edition/Format:   Book : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
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 evidence of a strong positive relation between the CPI-based real exchange rate and commodity terms of trade. The  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Additional Physical Format: Online version:
Ricci, Luca Antonio.
Real exchange rates and fundamentals.
Washington, D.C. : International Monetary Fund, Research Dept., c2008
(OCoLC)648412584
Material Type: Government publication, International government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Luca Antonio Ricci; Gian Maria Milesi-Ferretti; Jaewoo Lee; International Monetary Fund. Research Department.
OCLC Number: 213298915
Notes: "January 2008."
Description: 25 p. : ill. ; 28 cm.
Series Title: IMF working paper, WP/08/13.
Responsibility: prepared by Luca Antonio Ricci, Gian Maria Milesi-Ferretti, and Jaewoo Lee.

Abstract:

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 evidence of a strong positive relation between the CPI-based real exchange rate and commodity terms of trade. The estimated impact of productivity growth differentials between traded and nontraded goods, while statistically significant, is small. Increases in net foreign assets and in government consumption tend to be associated with appreciating real exchange rates.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


<http://www.worldcat.org/oclc/213298915>
library:oclcnum"213298915"
library:placeOfPublication
library:placeOfPublication
owl:sameAs<info:oclcnum/213298915>
rdf:typeschema:Book
schema:about
schema:about
<http://id.worldcat.org/fast/931818>
rdf:typeschema:Intangible
schema:name"Foreign exchange rates--Econometric models"
schema:name"Foreign exchange rates--Econometric models."
schema:about
<http://id.worldcat.org/fast/869286>
rdf:typeschema:Intangible
schema:name"Commerce--Econometric models"
schema:name"Commerce--Econometric models."
schema:about
schema:about
schema:about
schema:contributor
schema:contributor
schema:contributor
<http://viaf.org/viaf/167050747>
rdf:typeschema:Organization
schema:name"International Monetary Fund. Research Department."
schema:copyrightYear"2008"
schema:creator
schema:datePublished"2008"
schema:description"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 evidence of a strong positive relation between the CPI-based real exchange rate and commodity terms of trade. The estimated impact of productivity growth differentials between traded and nontraded goods, while statistically significant, is small. Increases in net foreign assets and in government consumption tend to be associated with appreciating real exchange rates."
schema:exampleOfWork<http://worldcat.org/entity/work/id/195998865>
schema:inLanguage"en"
schema:name"Real exchange rates and fundamentals : a cross-country perspective"
schema:numberOfPages"25"
schema:publisher
schema:url

Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.