The importance of nontradable goods' prices in cyclical real exchange rate fluctuations:

"Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates"--National Bureau of Economic Research web site.

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Bibliographic Details
Main Authors: Burstein, Ariel T. 1974- (Author), Eichenbaum, Martin S. 1954- (Author), Rebelo, Sérgio 1959- (Author)
Format: Book
Language:English
Published: Cambridge, Mass. National Bureau of Economic Research 2005
Series:National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11699
Subjects:
Online Access:Volltext
Summary:"Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates"--National Bureau of Economic Research web site.
Physical Description:10, [3] S. graph. Darst.

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