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Language: en
Pages: 524
Pages: 524
Type: BOOK - Published: 2019-02-24 - Publisher: World Bank Publications
This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflati
Language: en
Pages: 32
Pages: 32
Type: BOOK - Published: 2003-10-01 - Publisher: International Monetary Fund
The paper examines the effects of exchange rate fluctuations on real output and the price level in a sample of 33 developing countries. The theoretical model de
Language: en
Pages: 62
Pages: 62
Type: BOOK - Published: 2017-11-22 - Publisher: International Monetary Fund
Most trade is invoiced in very few currencies. Despite this, the Mundell-Fleming benchmark and its variants focus on pricing in the producer’s currency or in
Language: en
Pages: 132
Pages: 132
Type: BOOK - Published: 2004-05-19 - Publisher: International Monetary Fund
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Language: en
Pages: 110
Pages: 110
Type: BOOK - Published: 1988 - Publisher: Johns Hopkins University Press
This article analyzes the theory of equilibrium real exchange rates and defines misalignment as a deviation of the real exchange rate (RER) from its equilibrium