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Regional Effects of Exchange Rate Fluctuations

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NBER2019-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26071
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We exploit differences across U.S. states in terms of their exposure to trade to study the effects of changes in the exchange rate on economic activity at the business cycle frequency. We find that a depreciation in the state-specific trade-weighted real exchange rate is associated with an increase
创建时间:
2019-07-01
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