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What Explains India's Real Appreciation?

What Explains India's Real Appreciation? »

Source: What Explains India's Real Appreciation?

Volume/Issue: 2007/268

Series: IMF Working Papers

Author(s): Renu Kohli , and Sudip Mohapatra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2007

ISBN: 9781451868319

Keywords: Tradable, nontradable, real exchange, appreciation, macroeconomic policy, relative price, per capita income, terms of trade, nontradable goods,

We examine the evolution of nontradable and tradable prices in the Indian economy over 1980-2002 and find widening differentials: the real exchange rate has been appreciating. This might seem unsurprising, since In...

What Explains India's Real Appreciation?

What Explains India's Real Appreciation? »

Volume/Issue: 2007/268

Series: IMF Working Papers

Author(s): Renu Kohli , and Sudip Mohapatra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2007

DOI: http://dx.doi.org/10.5089/9781451868319.001

ISBN: 9781451868319

Keywords: Tradable, nontradable, real exchange, appreciation, macroeconomic policy, relative price, per capita income, terms of trade, nontradable goods,

We examine the evolution of nontradable and tradable prices in the Indian economy over 1980-2002 and find widening differentials: the real exchange rate has been appreciating. This might seem unsurprising, since In...