Remoteness and Real Exchange Rate Volatility
Remoteness and Real Exchange Rate Volatility
复制标题
地处偏远和实际汇率波动
DOI:
10.2307/30036025
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发表时间:
2005
期刊:
影响因子:
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通讯作者:
Julian di Giovanni
中科院分区:
文献类型:
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作者:
Claudio Bravo;Julian di Giovanni
This paper examines the impact of trade costs on real exchange rate volatility. The relationship is examined by constructing a two-country Ricardian model of trade, based on the work of Dornbusch, Fischer, and Samuelson (1977), which shows that higher trade costs result in a larger nontradables sector, in turn leading to higher real exchange rate volatility. We then construct a remoteness index to proxy for trade costs, and provide empirical evidence supporting the channel. Copyright 2006, International Monetary Fund
DOI:
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发表时间:
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期刊:
影响因子:
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作者:
Manabu Akazawa;Julia Yongue;Shunya Ikeda;Toshihiko Satoh;平野光俊;柳瀬明彦
通讯作者:
柳瀬明彦