Remoteness and real exchange rate volatility /
This paper examines the impact of trade costs on real exchange rate volatility. The channel is examined by constructing a two-country Ricardian model of trade, based on the work of Dornbusch, Fischer, and Samuelson (1977), which shows that higher trade costs result in a larger nontradable sector. Th...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, Research Dept.,
2005.
|
| Series: | IMF working paper ;
WP/05/1. |
| Subjects: | |
| Online Access: |
Full text (Emmanuel users only) |