Search Results for: The Importance Of Nontradable Goodsu2019 Prices In Cyclical Real Exchange Rate Fluctuations

"Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates"--National

Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates.