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

Ariel Burstein, Martin Eichenbaum and Sergio Rebelo (s-rebelo@kellogg.northwestern.edu)

No 523, RCER Working Papers from University of Rochester - Center for Economic Research (RCER)

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)
Pages: 14 pages
Date: 2005-12
New Economics Papers: this item is included in nep-fmk and nep-ifn
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Citations: View citations in EconPapers (24)

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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 Nontradeable 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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