Showing 1 - 10 of 13,652
Persistent link: https://www.econbiz.de/10009518072
We study the quarterly bilateral real exchange rate and the relative price of non-traded to traded goods for 1225 country pairs over 1980-2005. We show that the two variables are positively correlated, but that movements in the relative price measure are smaller than those in the real exchange...
Persistent link: https://www.econbiz.de/10012464210
This paper examines changes in national price levels and prices of tradables and nontradables and relates them to … price levels increase systematically with the level of a country's per capita income, and the ratios of tradables to … income are associated with declines in the ratio of tradables to nontradables price levels more consistently than with the …
Persistent link: https://www.econbiz.de/10012476531
We study the quarterly bilateral real exchange rate and the relative price of non-traded to traded goods for 1225 country pairs over 1980-2005. We show that the two variables are positively correlated, but that movements in the relative price measure are smaller than those in the real exchange...
Persistent link: https://www.econbiz.de/10012722646
This paper addresses the consumption-real exchange rate anomaly. International real business cycle models based on complete financial markets predict a unitary correlation between the real exchange rate and the ratio of home to foreign consumption when subjected to supply side shocks. In the...
Persistent link: https://www.econbiz.de/10012728942
We show that the quarterly bilateral real exchange rate for 1275 country pairs over 1980–2015 is positively correlated with the relative price of non-traded to traded goods, but that movements in the relative price measure are smaller than those in the real exchange rate. Variance...
Persistent link: https://www.econbiz.de/10012945763
We study the quarterly bilateral real exchange rate and the relative price of non-traded to traded goods for 1225 country pairs over 1980-2005. We show that the two variables are positively correlated, but that movements in the relative price measure are smaller than those in the real exchange...
Persistent link: https://www.econbiz.de/10012765991
This paper examines changes in national price levels and prices of tradables and nontradables and relates them to … price levels increase systematically with the level of a country's per capita income, and the ratios of tradables to … income are associated with declines in the ratio of tradables to nontradables price levels more consistently than with the …
Persistent link: https://www.econbiz.de/10013224694
This paper provides an empirical analysis of the decomposition of UK real exchange rates into the relative price of traded goods and the ratio of the relative price of non-traded to traded goods, and tests the prediction that deviations from the law of one price in tradable goods dominate real...
Persistent link: https://www.econbiz.de/10014067787
Persistent link: https://www.econbiz.de/10003758295