Government Purchases and the Real Exchange Rate: A Comment
- 98 Downloads
KeywordsReal Exchange Rate Intermediate Good Wealth Effect Home Consumption Government Purchase
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
I would like to thank Robert Kollmann for useful discussion. The opinion expressed in this review and any possible errors in my argument are entirely mine.
- Backus D, Kehoe P, Kydland F (1994) Dynamics of the trade balance and the terms of trade: the J curve? Am Econ Rev 84:84–103Google Scholar
© Springer Science+Business Media, LLC 2009