The Asymmetric Effects of Exchange Rate Fluctuations : Theory and Evidence From Developing Countries

Theory and Evidence From Developing Countries

The Asymmetric Effects of Exchange Rate Fluctuations : Theory and Evidence From Developing Countries
The paper examines the asymmetric effects of exchange rate fluctuations on real output and price in developing countries. The theoretical model decomposes movements in the exchange rate into anticipated and unanticipated components. Unanticipated currency fluctuations determine aggregate demand through exports, imports, and the demand for... READ MORE...

Publication date: November 2000
ISBN 9781451859355
$15.00

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