Series: IMF Working Papers
Author(s): Mohsin Khan , and Ehsan Choudhri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2004
Keywords: Balassa-Samuelson effects, exchange rate, real exchange rate, relative price, terms of trade, exchange rates, Open Economy Macroeconomics,
There is little empirical research on whether Balassa-Samuelson effects can explain the long-run behavior of real exchange rates in developing countries. This paper presents new evidence on this issue based on a pa...