The importance of nontradable goods' prices in cyclical real exchange rate fluctuations

Ariel Burstein; Martin Eichenbaum; Sergio Rebelo

doi:10.1016/j.japwor.2006.02.003

The importance of nontradable goods' prices in cyclical real exchange rate fluctuations

Ariel Burstein, Martin Eichenbaum^*, Sergio Rebelo

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

39 Scopus citations

Abstract

Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates.

Original language	English (US)
Pages (from-to)	247-253
Number of pages	7
Journal	Japan and the World Economy
Volume	18
Issue number	3
DOIs	https://doi.org/10.1016/j.japwor.2006.02.003
State	Published - Aug 2006

Keywords

Consumer price index
Producer price index
Real exchange rate

ASJC Scopus subject areas

Finance
Economics and Econometrics
Political Science and International Relations

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10.1016/j.japwor.2006.02.003

Cite this

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title = "The importance of nontradable goods' prices in cyclical real exchange rate fluctuations",

abstract = "Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates.",

keywords = "Consumer price index, Producer price index, Real exchange rate",

author = "Ariel Burstein and Martin Eichenbaum and Sergio Rebelo",

year = "2006",

month = aug,

doi = "10.1016/j.japwor.2006.02.003",

language = "English (US)",

volume = "18",

pages = "247--253",

journal = "Japan and the World Economy",

issn = "0922-1425",

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AU - Burstein, Ariel

AU - Eichenbaum, Martin

AU - Rebelo, Sergio

PY - 2006/8

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N2 - Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates.

AB - Changes in the price of nontradable goods relative to tradable goods account for roughly 50 percent of the cyclical movements in real exchange rates.

KW - Consumer price index

KW - Producer price index

KW - Real exchange rate

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U2 - 10.1016/j.japwor.2006.02.003

DO - 10.1016/j.japwor.2006.02.003

M3 - Article

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SN - 0922-1425

VL - 18

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EP - 253

JO - Japan and the World Economy

JF - Japan and the World Economy

IS - 3

ER -

The importance of nontradable goods' prices in cyclical real exchange rate fluctuations

Abstract

Keywords

ASJC Scopus subject areas

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