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Exchange Rate Fluctuations, Trade and Asymmetric Shocks in the Economic and Monetary Union

โœ Scribed by Kh. Sekkat; J. Malek Mansour


Book ID
110879955
Publisher
John Wiley and Sons
Year
2005
Tongue
English
Weight
116 KB
Volume
8
Category
Article
ISSN
1367-0271

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Real exchange rate fluctuations and mone
โœ Shiu-Sheng Chen ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 111 KB

## Abstract In this paper, I first estimate a structural VAR model by following Clarida and Gali (1994) and obtain results indicating that the variance of real exchange rates can be attributed more to monetary shocks when the sample span is extended. In order to further investigate this aspect, I t