Dumrongrittikul, Taya - Department of Econometrics and Business Statistics, … - 2011
We examine the response of real exchange rates to shocks in real exchange rate determinants, a monetary policy shock … productivity shock are interesting, i.e. productivity growth in traded sectors has no effect on the real exchange rate of the Asian … international trade policy contributes the most to real exchange rate movements in most country groups, with the exception of the …