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The impact of market regulations on intra-European real exchange rates

✍ Scribed by Bénassy-Quéré, Agnès; Coulibaly, Dramane

Book ID
121564196
Publisher
Springer-Verlag
Year
2014
Tongue
English
Weight
706 KB
Volume
150
Category
Article
ISSN
1610-2878

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## 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