Real exchange rate fluctuations and mone
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Shiu-Sheng Chen
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Article
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2004
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John Wiley and Sons
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English
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## 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