Consumption smoothing and exchange rate volatility /

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Bibliographic Details
Author / Creator:Turtelboom, Bart, author.
Imprint:[Washington, D.C.] : International Monetary Fund, Research Dept., ©1995.
Description:1 online resource (iv, 34 pages) : illustrations
Language:English
Series:IMF working paper ; WP/95/108
IMF working paper ; WP/95/108.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497235
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Research Department, issuing body.
ISBN:1455201995
9781455201990
1462391303
9781462391301
1455280801
9781455280803
1281600474
9781281600479
9786613781161
6613781169
Notes:Includes bibliographical references (pages 31-34).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary:Annotation This paper analyzes exchange rate behavior in a model where consumers trade goods to diversify shocks to their income. a model with traded and nontraded goods is simulated in a multilateral context based upon historical output correlations for the period 197092. Simulation results indicate that the observed volatility of multilateral real exchange rates for the United States, Germany and Japan is not inconsistent with exchange rate volatility implied by consumption-smoothing behavior.
Other form:Print version: Turtelboom, Bart. Consumption smoothing and exchange rate volatility. [Washington, D.C.] : International Monetary Fund, Research Dept., ©1995

MARC

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520 8 |a Annotation  |b This paper analyzes exchange rate behavior in a model where consumers trade goods to diversify shocks to their income. a model with traded and nontraded goods is simulated in a multilateral context based upon historical output correlations for the period 197092. Simulation results indicate that the observed volatility of multilateral real exchange rates for the United States, Germany and Japan is not inconsistent with exchange rate volatility implied by consumption-smoothing behavior. 
546 |a English. 
650 0 |a Foreign exchange rates  |x Econometric models. 
650 0 |a Consumption (Economics)  |x Econometric models. 
650 0 |a Foreign exchange rates  |z United States  |x Econometric models. 
650 0 |a Foreign exchange rates  |z Japan  |x Econometric models. 
650 0 |a Foreign exchange rates  |z Germany  |x Econometric models. 
650 6 |a Taux de change  |x Modèles économétriques. 
650 6 |a Consommation (Économie politique)  |x Modèles économétriques. 
650 6 |a Taux de change  |z États-Unis  |x Modèles économétriques. 
650 6 |a Taux de change  |z Japon  |x Modèles économétriques. 
650 6 |a Taux de change  |z Allemagne  |x Modèles économétriques. 
650 7 |a Consumption (Economics)  |x Econometric models.  |2 fast  |0 (OCoLC)fst00876457 
650 7 |a Foreign exchange rates  |x Econometric models.  |2 fast  |0 (OCoLC)fst00931818 
651 7 |a Germany.  |2 fast  |0 (OCoLC)fst01210272 
651 7 |a Japan.  |2 fast  |0 (OCoLC)fst01204082 
651 7 |a United States.  |2 fast  |0 (OCoLC)fst01204155 
710 2 |a International Monetary Fund.  |b Research Department,  |e issuing body.  |0 http://id.loc.gov/authorities/names/n77001219 
776 0 8 |i Print version:  |a Turtelboom, Bart.  |t Consumption smoothing and exchange rate volatility.  |d [Washington, D.C.] : International Monetary Fund, Research Dept., ©1995  |w (OCoLC)33885162 
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