Real Exchange Rate and International Reserves in the Era of Growing Financial and Trade Integration
收藏NBER2006-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12363
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资源简介：
This paper evaluates the impact of international reserves, terms of trade shocks and capital flows on the real exchange rate (REER). We observe that international reserves cushions the impact of TOT shocks on the REER, and that this effect is important for developing but not for industrial countries
提供机构：
美国国家经济研究局
创建时间：
2006-07-01
