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This paper examines the impact of trade costs on real exchange rate volatility. We incorporate a multi-country Ricardian model of trade, based on the work of Eaton and Kortum (2002), into a macroeconomic model to show how bilateral real exchange rate volatility depends on relative technological...
Persistent link: https://www.econbiz.de/10014399797
This paper examines the impact of trade costs on real exchange rate volatility. The channel 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 nontradable...
Persistent link: https://www.econbiz.de/10014404193
The paper finds that simple econometric specifications yield surprising rich and complex dynamics -- relative prices respond to the nominal exchange rate and pass-through effects, import and export volumes respond to relative price changes, and the trade balance responds to changes in import and...
Persistent link: https://www.econbiz.de/10014409791
In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al …
Persistent link: https://www.econbiz.de/10014403090
Statistical Appendix –Abstract cannot be created.
Persistent link: https://www.econbiz.de/10011245718
The report gives statistical data on nominal GDP by economic activity and expenditure, real GDP by economic activity and expenditure, oil and gas production and sales figures, employment by government sector and private sector, consumer price index, composition of government revenue, expenditure...
Persistent link: https://www.econbiz.de/10011244014
Growth performance in Bangladesh is improving, but macroeconomic imbalances have also emerged. Medium-term growth …
Persistent link: https://www.econbiz.de/10014397782
This Selected Issues paper analyzes the reforms in the energy sector in Bangladesh. It assesses the fiscal position of … Bangladesh and examines its fiscal sustainability using a simple measure based on the debt dynamics. It concludes that although … Bangladesh has so far maintained its sustainability mainly owing to the large portion of foreign financing with highly …
Persistent link: https://www.econbiz.de/10014397832
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014397847
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014397904