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