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dc.contributor.authorMurphy, Eithneen
dc.identifier.citationMurphy, E. & Lapadre, L. (1999) "Exchange rate pass-through, the terms of trade and the trade balance" (Working Paper No. 0034) Department of Economics, Nationalen
dc.description.abstractWe show that if exchange rate pass-through is incomplete, a country's terms of trade may move in the same or contrary direction to the nominal value of its currency. Moreover, when the degree of pass-through is endogenous, the trade balance must improve it the currency devalues.en
dc.publisherNational University of Ireland, Galwayen
dc.relation.ispartofseriesWorking Papers;0034en
dc.subjectTrade balanceen
dc.subjectTerms of tradeen
dc.subjectExchange rate pass-throughen
dc.titleExchange rate pass-through, the terms of trade and the trade balanceen
dc.typeWorking Paperen

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