Moore, Tomoe; Pentecost, Eric J. - In: Indian Economic Review 41 (2006) July, pp. 9-23
This paper examines the contributions of real (permanent) and nominal (temporary) shocks on the nominal and real exchange rates of the Indian Rupee against the US dollar in the period since 1993, using the long-run structural VAR technique. If nominal shocks account for most of the movement in...