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

Martin Eichenbaum, Sergio Rebelo () and Ariel Burstein

No 5306, CEPR Discussion Papers from Centre for Economic Policy Research

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

Keywords: Nominal exchange rates; Tradeable goods; Nontradeable goods; Prices (search for similar items in EconPapers)
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
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Citations: View citations in EconPapers (19)

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