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Change in the persistence of the real exchange rates

✍ Scribed by Gabas, Sergio; Gadea, María-Dolores; Montañés, Antonio

Book ID
121718650
Publisher
Taylor and Francis Group
Year
2011
Tongue
English
Weight
146 KB
Volume
18
Category
Article
ISSN
1350-4851

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Market structure and the persistence of
Market structure and the persistence of sectoral real exchange rates
✍ Yin-Wong Cheung; Menzie Chinn; Eiji Fujii 📂 Article 📅 2001 🏛 John Wiley and Sons 🌐 English ⚖ 179 KB 👁 1 views

## Abstract We examine the relationship between market structure and the persistence of US dollar‐based sectoral real exchange rates for 14 OECD countries. Our empirical results based on disaggregated data suggest that differences in market structure significantly determine the rates at which devia