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Title: |
Government Spending and Movements of Real Exchange Rates: An Empirical
Investigation |
| Author: |
Wu, Jyh-Lin |
| Author
Affiliation: |
National Chung
Cheng U |
| Source: |
International Economic Journal, Summer 1994, v. 8, no. 2, pp. 43-56 |
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Publication Date: |
Summer 1994 |
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Abstract: |
This paper investigates whether a stylized
two-country real model can explain movements of real exchange rates
during the recent floating exchange rate period. It is found that, under
reasonable calibration, the stylized model does well in terms of
matching moments and autocorrelation coefficients of changes in real
exchange rates. |
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