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The Importance of Nontradable Goods' Prices in Cyclical Real Exchange Rate Fluctuations
Ariel T. Burstein
Martin S. Eichenbaum
Sergio Rebelo
出版
National Bureau of Economic Research
, 2005
URL
http://books.google.com.hk/books?id=V9aCFIQgbnsC&hl=&source=gbs_api
註釋
"Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates"--National Bureau of Economic Research web site