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Commodity Export Boom and the Real Exchange Rate: The Money-Inflation Link

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NBER1985-10-01 更新2025-01-04 收录
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This paper analyzes the relation between exogenous changes in commodity export prices and the real exchange rate in a monetary economy. The traditional Dutch?Disease case is extended, and the monetary consequences of an export boom are explored. It is shown that commodity export booms can generate,

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1985-10-01
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