| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10238 |
| 来源ID | Working Paper 10238 |
| Investment Prices and Exchange Rates: Some Basic Facts | |
| Ariel Burstein; Joao C. Neves; Sergio Rebelo | |
| 发表日期 | 2004-01-26 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | This paper documents four basic facts about investment goods and investment prices. First, investment has a very significant nontradable component in the form of construction services. Second, distributions services (wholesaling, retailing, and transportation) are much less important for investment than for consumption. Third, the import content of investment is much larger than that of consumption. Finally, in the aftermath of three large devaluations, the rate of exchange rate pass-through is, perhaps not surprisingly, highest for imported equipment and lowest for construction services. |
| 主题 | International Economics ; International Macroeconomics |
| URL | https://www.nber.org/papers/w10238 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567867 |
| 推荐引用方式 GB/T 7714 | Ariel Burstein,Joao C. Neves,Sergio Rebelo. Investment Prices and Exchange Rates: Some Basic Facts. 2004. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10238.pdf（192KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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