Browsing Working Papers by Subject "Real exchange rates"

Now showing items 1-2 of 2

    • Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level? 
      Crucini, Mario J.; Shintani, Mototsugu; Tsuruga, Takayuki (Vanderbilt University, 2011)
      We introduce the real exchange rate volatility curve as a useful device to understand the relationship between price stickiness and the fluctuations in Law of One Price deviations. In the presence of both nominal and real ...
    • Persistence in Law-of-One-Price Deviations: Evidence from Micro-data 
      Crucini, Mario J.; Shintani, Mototsugu (Vanderbilt University, 2006)
      We study the dynamics of good-by-good real exchange rates using a micro-panel of 270 goods prices drawn from major cities in 63 countries and 258 goods prices drawn from 13 major U.S. cities. We find the half-life of ...