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

Ariel Burstein, Martin Eichenbaum and Sergio Rebelo ()

No 11699, NBER Working Papers from National Bureau of Economic Research, Inc

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

JEL-codes: F31 (search for similar items in EconPapers)
Date: 2005-10
New Economics Papers: this item is included in nep-fmk and nep-ifn
Note: EFG IFM ME
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Citations: View citations in EconPapers (23)

Published as Burstein, Ariel, Martin Eichenbaum and Sergio Rebelo. "The Importance Of Nontradable Goods' Prices In Cyclical Real Exchange Rate Fluctuations," Japan and the World Economy, 2006, v18(3,Aug), 247-253.

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Related works:
Journal Article: The importance of nontradable goods' prices in cyclical real exchange rate fluctuations (2006) Downloads
Working Paper: The Importance of Nontradeable Goods' Prices in Cyclical Real Exchange Rate Fluctuations (2005) Downloads
Working Paper: The Importance of Nontradable Goods' Prices in Cyclical Real Exchange Rate Fluctuations (2005) Downloads
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