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The Roles of the Terms of Trade and Nontraded-Good-Prices in Exchange Rate Variations

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NBER1984-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1342
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资源简介:
This paper demonstrates that disturbances to supplies or demands for internationally traded goods affect exchange-rates differently than do disturbances in markets for nontraded goods. The paper develops a stochastic two-country equilibrium model of exchange rates, asset prices, and goods prices,
提供机构:
美国国家经济研究局
创建时间:
1984-05-01
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