Remoteness and real exchange rate volatility
Author | dc.contributor.author | Bravo Ortega, Claudio | |
Author | dc.contributor.author | Di Giovanni, Julian | es_CL |
Admission date | dc.date.accessioned | 2008-12-12T16:08:57Z | |
Available date | dc.date.available | 2008-12-12T16:08:57Z | |
Publication date | dc.date.issued | 2006 | |
Cita de ítem | dc.identifier.citation | IMF STAFF PAPERS Volume: 53 Special Issue: Sp. Iss. SI Pages: 115-132 Published: 2006 | en |
Identifier | dc.identifier.issn | 1020-7635 | |
Identifier | dc.identifier.uri | https://repositorio.uchile.cl/handle/2250/127621 | |
Abstract | dc.description.abstract | This paper examines the impact of trade costs on real exchange rate volatility. The relationship is examined by constructing a two-country Ricardian model of trade, based on the work of Dornbusch, Fischer, and Samuelson (1977), which shows that higher trade costs result in a larger nontradables sector, in turn leading to higher real exchange rate volatility. We then construct a remoteness index to proxy for trade costs, and provide empirical evidence supporting the channel. | en |
Lenguage | dc.language.iso | en | en |
Publisher | dc.publisher | INT MONETARY FUND | en |
Keywords | dc.subject | BUSINESS CYCLES | en |
Título | dc.title | Remoteness and real exchange rate volatility | en |
Document type | dc.type | Artículo de revista |
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