Large devaluations and the real exchange rate
"In this paper we argue that the primary force behind the large drop in real exchange rates that occurs after large devaluations is the slow adjustment in the price of nontradable goods and services. Our empirical analysis uses data from five large devaluation episodes: Argentina (2001), Brazil...
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Format: | Buch |
Sprache: | English |
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Cambridge, Mass.
National Bureau of Economic Research
2004
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Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
10986 |
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100 | 1 | |a Burstein, Ariel T. |d 1974- |e Verfasser |0 (DE-588)124082513 |4 aut | |
245 | 1 | 0 | |a Large devaluations and the real exchange rate |c Ariel Burstein ; Martin Eichenbaum ; Sergio Rebelo |
264 | 1 | |a Cambridge, Mass. |b National Bureau of Economic Research |c 2004 | |
300 | |a 30, [18] S. |b graph. Darst. | ||
336 | |b txt |2 rdacontent | ||
337 | |b n |2 rdamedia | ||
338 | |b nc |2 rdacarrier | ||
490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 10986 | |
520 | 3 | |a "In this paper we argue that the primary force behind the large drop in real exchange rates that occurs after large devaluations is the slow adjustment in the price of nontradable goods and services. Our empirical analysis uses data from five large devaluation episodes: Argentina (2001), Brazil (1999), Korea (1997), Mexico (1994), and Thailand (1997). We conduct a detailed analysis of the Argentina case using disaggregated CPI data, data from our own survey of prices in Buenos Aires, and scanner data from supermarkets. We assess the robustness of our findings by studying large real-exchange-rate appreciations, medium devaluations, and small exchange-rate movements"--National Bureau of Economic Research web site. | |
650 | 4 | |a Ökonometrisches Modell | |
650 | 4 | |a Devaluation of currency | |
650 | 4 | |a Foreign exchange rates |x Econometric models | |
700 | 1 | |a Eichenbaum, Martin S. |d 1954- |e Verfasser |0 (DE-588)128369280 |4 aut | |
700 | 1 | |a Rebelo, Sérgio |d 1959- |e Verfasser |0 (DE-588)128390840 |4 aut | |
776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
830 | 0 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 10986 |w (DE-604)BV002801238 |9 10986 | |
856 | 4 | 1 | |u http://papers.nber.org/papers/w10986.pdf |z kostenfrei |3 Volltext |
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-013207066 |
Datensatz im Suchindex
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any_adam_object | |
author | Burstein, Ariel T. 1974- Eichenbaum, Martin S. 1954- Rebelo, Sérgio 1959- |
author_GND | (DE-588)124082513 (DE-588)128369280 (DE-588)128390840 |
author_facet | Burstein, Ariel T. 1974- Eichenbaum, Martin S. 1954- Rebelo, Sérgio 1959- |
author_role | aut aut aut |
author_sort | Burstein, Ariel T. 1974- |
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building | Verbundindex |
bvnumber | BV019882940 |
callnumber-first | H - Social Science |
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callnumber-raw | HB1 |
callnumber-search | HB1 |
callnumber-sort | HB 11 |
callnumber-subject | HB - Economic Theory and Demography |
classification_rvk | QB 910 |
ctrlnum | (OCoLC)57424230 (DE-599)BVBBV019882940 |
discipline | Wirtschaftswissenschaften |
format | Book |
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id | DE-604.BV019882940 |
illustrated | Illustrated |
indexdate | 2024-12-23T18:18:16Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-013207066 |
oclc_num | 57424230 |
open_access_boolean | 1 |
owner | DE-703 DE-521 DE-19 DE-BY-UBM |
owner_facet | DE-703 DE-521 DE-19 DE-BY-UBM |
physical | 30, [18] S. graph. Darst. |
publishDate | 2004 |
publishDateSearch | 2004 |
publishDateSort | 2004 |
publisher | National Bureau of Economic Research |
record_format | marc |
series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
spelling | Burstein, Ariel T. 1974- Verfasser (DE-588)124082513 aut Large devaluations and the real exchange rate Ariel Burstein ; Martin Eichenbaum ; Sergio Rebelo Cambridge, Mass. National Bureau of Economic Research 2004 30, [18] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 10986 "In this paper we argue that the primary force behind the large drop in real exchange rates that occurs after large devaluations is the slow adjustment in the price of nontradable goods and services. Our empirical analysis uses data from five large devaluation episodes: Argentina (2001), Brazil (1999), Korea (1997), Mexico (1994), and Thailand (1997). We conduct a detailed analysis of the Argentina case using disaggregated CPI data, data from our own survey of prices in Buenos Aires, and scanner data from supermarkets. We assess the robustness of our findings by studying large real-exchange-rate appreciations, medium devaluations, and small exchange-rate movements"--National Bureau of Economic Research web site. Ökonometrisches Modell Devaluation of currency Foreign exchange rates Econometric models Eichenbaum, Martin S. 1954- Verfasser (DE-588)128369280 aut Rebelo, Sérgio 1959- Verfasser (DE-588)128390840 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 10986 (DE-604)BV002801238 10986 http://papers.nber.org/papers/w10986.pdf kostenfrei Volltext |
spellingShingle | Burstein, Ariel T. 1974- Eichenbaum, Martin S. 1954- Rebelo, Sérgio 1959- Large devaluations and the real exchange rate National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Ökonometrisches Modell Devaluation of currency Foreign exchange rates Econometric models |
title | Large devaluations and the real exchange rate |
title_auth | Large devaluations and the real exchange rate |
title_exact_search | Large devaluations and the real exchange rate |
title_full | Large devaluations and the real exchange rate Ariel Burstein ; Martin Eichenbaum ; Sergio Rebelo |
title_fullStr | Large devaluations and the real exchange rate Ariel Burstein ; Martin Eichenbaum ; Sergio Rebelo |
title_full_unstemmed | Large devaluations and the real exchange rate Ariel Burstein ; Martin Eichenbaum ; Sergio Rebelo |
title_short | Large devaluations and the real exchange rate |
title_sort | large devaluations and the real exchange rate |
topic | Ökonometrisches Modell Devaluation of currency Foreign exchange rates Econometric models |
topic_facet | Ökonometrisches Modell Devaluation of currency Foreign exchange rates Econometric models |
url | http://papers.nber.org/papers/w10986.pdf |
volume_link | (DE-604)BV002801238 |
work_keys_str_mv | AT bursteinarielt largedevaluationsandtherealexchangerate AT eichenbaummartins largedevaluationsandtherealexchangerate AT rebelosergio largedevaluationsandtherealexchangerate |