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Real exchange rate dynamics in the presence of non-traded goods and transaction costs

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dc.contributor.authorLee, Inkoo-
dc.contributor.authorShin, Jonghyup-
dc.date.available2018-05-10T14:13:45Z-
dc.date.created2018-04-17-
dc.date.issued2010-03-
dc.identifier.issn0165-1765-
dc.identifier.urihttp://scholarworks.bwise.kr/ssu/handle/2018.sw.ssu/14798-
dc.description.abstractThis paper studies the role of non-traded goods and transaction costs in accounting for the puzzling behavior of real exchange rates. We show that introducing the transaction costs and non-traded goods in an otherwise standard competitive model dramatically improves its ability to rationalize observed real exchange rate dynamics. (c) 2009 Elsevier B.V. All rights reserved.-
dc.publisherELSEVIER SCIENCE SA-
dc.relation.isPartOfECONOMICS LETTERS-
dc.titleReal exchange rate dynamics in the presence of non-traded goods and transaction costs-
dc.typeArticle-
dc.identifier.doi10.1016/j.econlet.2009.12.003-
dc.type.rimsART-
dc.identifier.bibliographicCitationECONOMICS LETTERS, v.106, no.3, pp.216 - 218-
dc.description.journalClass1-
dc.identifier.wosid000275849300020-
dc.identifier.scopusid2-s2.0-76349084043-
dc.citation.endPage218-
dc.citation.number3-
dc.citation.startPage216-
dc.citation.titleECONOMICS LETTERS-
dc.citation.volume106-
dc.contributor.affiliatedAuthorLee, Inkoo-
dc.type.docTypeArticle-
dc.subject.keywordAuthorReal exchange rate-
dc.subject.keywordAuthorPersistence-
dc.subject.keywordAuthorVolatility-
dc.subject.keywordAuthorNon-traded goods-
dc.subject.keywordAuthorTransaction costs-
dc.description.journalRegisteredClassssci-
dc.description.journalRegisteredClassahci-
dc.description.journalRegisteredClassscopus-
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