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Exchange rate regimes and international business cycles

โœ Scribed by Thepthida Sopraseuth


Book ID
114362021
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
388 KB
Volume
6
Category
Article
ISSN
1096-0929

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## Abstract Since the adoption of flexible exchange rates, real exchange rates have been much more volatile than they were under Bretton Woods. However, the volatilities of most other macroeconomic variables have remained approximately unchanged. This poses a puzzle for standard international busin