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interest rates. Further, taking real exchange rate movements into account appears even more important with price level …
Persistent link: https://www.econbiz.de/10014084386
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they set interest rates. Further, taking real exchange rate movements into account appears even more important with price …
Persistent link: https://www.econbiz.de/10014065350
central bank to understanding movements in the value of the currency. As the Reserve Bank of Australia (RBA) has a pivotal …
Persistent link: https://www.econbiz.de/10014088039
This paper examines the relationship between terms of trade shocks, private saving, and the current account position. The relationship between these variables is theoretically ambiguous: an adverse transitory terms of trade shock can either induce a deterioration or an improvement in the current...
Persistent link: https://www.econbiz.de/10014403790
, drawing lessons from a detailed comparison of the response of Chile and Australia to recent external shocks and from Australia …
Persistent link: https://www.econbiz.de/10010327063
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