Exchange Rates and Trade Balance Adjustment in Emerging Market Economies
Download or Read eBook Exchange Rates and Trade Balance Adjustment in Emerging Market Economies PDF written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2006-10-10 with total page 45 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Legal Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 45 |
| Release | : 2006-10-10 |
| ISBN-10 | : 9781498332132 |
| ISBN-13 | : 1498332137 |
| Rating | : 4/5 (32 Downloads) |
Book Synopsis Exchange Rates and Trade Balance Adjustment in Emerging Market Economies by : International Monetary Fund. Legal Dept.
Book excerpt: 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.
