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 C.E.P.R. Discussion Papers

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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