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TIME-VARYING DYNAMICS OF THE REAL EXCHANGE RATE: AN EMPIRICAL ANALYSIS (repli...
We use a time-varying structural vector autoregression to investigate evolving dynamics of the real exchange rate for the UK, euro area and Canada. We show that demand and... -
Investment decisions in manufacturing: assessing the effects of real oil pric...
We investigate the effects of real oil prices and their uncertainty on investment decisions. Making use of plant-level data, we estimate dynamic, discrete-choice models that...