Brun, Martín; Gambetta, Juan Pedro; Varela, Gonzalo - 2020
) exports of differentiated products grow more slowly when the RER depreciates than they fall when it appreciates; (ii) exports … depreciations than to appreciations; and (iii) dollar prices for Pakistani exports tend to fall after nominal depreciations of the … accounting for the low response of exports to RER depreciations …