Can producer currency pricing models generate volatile real exchange rates?

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 116
Issue: 3
Pages: 436-439

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

If the elasticities of substitution between traded and nontraded and between Home and Foreign traded goods are sufficiently low, then the real exchange rate generated by a model with full producer currency pricing is as volatile as in the data.

Technical Details

RePEc Handle
repec:eee:ecolet:v:116:y:2012:i:3:p:436-439
Journal Field
General
Author Count
1
Added to Database
2026-01-29