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EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/25973
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Égert, Balázs | | en_US |
| dc.contributor.author | | Lommatzsch, Kirsten | | en_US |
| dc.contributor.author | | Lahrèche-Révil, Amina | | en_US |
| dc.date.accessioned | | 2007-07-24 | | en_US |
| dc.date.accessioned | | 2009-07-28T08:14:23Z | | - |
| dc.date.available | | 2009-07-28T08:14:23Z | | - |
| dc.date.issued | | 2007 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/25973 | | - |
| dc.description.abstract | | We find that productivity gains in tradables cause an appreciation of the real exchange rate via both tradable and nontradable prices in the CEE-5 and have no affect in the Baltic countries, while they lead to a depreciation of the real exchange rate of tradables in OECD economies that overcompensates the appreciation due to nontradable prices. Rising net foreign liabilities lead to a real appreciation in the Baltic countries instead of the expected depreciation found in OECD and CEE-5 countries. These differences are due to the different impact of the fundamentals on the real exchange rate depending on the time horizon studied. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 1928 | | en_US |
| dc.subject.jel | | C15 | | en_US |
| dc.subject.jel | | E31 | | en_US |
| dc.subject.jel | | F31 | | en_US |
| dc.subject.jel | | O11 | | en_US |
| dc.subject.jel | | P17 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | real exchange rate | | en_US |
| dc.subject.keyword | | equilibrium exchange rate | | en_US |
| dc.subject.keyword | | productivity | | en_US |
| dc.subject.keyword | | tradables | | en_US |
| dc.subject.keyword | | Balassa- Samuelson effect | | en_US |
| dc.subject.stw | | Kaufkraftparität | | en_US |
| dc.subject.stw | | Kleines-offenes-Land | | en_US |
| dc.subject.stw | | Übergangswirtschaft | | en_US |
| dc.subject.stw | | Osteuropa | | en_US |
| dc.subject.stw | | OECD-Staaten | | en_US |
| dc.title | | Real exchange rates in small open OECD and transition economies: comparing apples with oranges? | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 538077107 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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