Laura Povoledo Laura.Povoledo@uwe.ac.uk
Senior Lecturer in Economics
Can producer currency pricing models generate volatile real exchange rates?
Povoledo, Laura
Authors
Abstract
If the elasticities of substitution between traded and nontraded and between Home and Foreign traded goods are sufficiently low, then the real exchange rate generated by a model with full producer currency pricing is as volatile as in the data. © 2012 Elsevier B.V.
Journal Article Type | Article |
---|---|
Publication Date | Sep 1, 2012 |
Publicly Available Date | Jun 7, 2019 |
Journal | Economics Letters |
Print ISSN | 0165-1765 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 116 |
Issue | 3 |
Pages | 436-439 |
DOI | https://doi.org/10.1016/j.econlet.2012.04.033 |
Keywords | real exchange rate volatility, producer currency pricing, elasticity of substitution, new open-economy macroeconomics |
Public URL | https://uwe-repository.worktribe.com/output/944529 |
Publisher URL | http://dx.doi.org/10.1016/j.econlet.2012.04.033 |
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