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Finance and Financial Management
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costs of goods transportation
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economies of scale
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purchasing power parity
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real exchange rate
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A Dynamic Equilibrium Model of Real Exchange Rates with General Transaction Costs
GOSWAMI, GAUTAM
;
SHRIKHANDE, MILIND
;
WU, LIUREN
-
2002
-term volatility of the real exchange rate with its slow
convergence
to parity. Further, the drift and diffusion of the real exchange …
Persistent link: https://www.econbiz.de/10009440709
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