Series: IMF Working Papers
Author(s): Tihomir Stucka
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2004
Keywords: J-curve, trade balance, transitional economies, exchange rate, effective exchange rate, real effective exchange rate, exchange rate changes, International Finance: General, International Policy Coordination and Transmission, Country and Industry Studies of Trade,
A reduced-form model approach was used to estimate the trade balance response to permanent domestic currency depreciation. For this purpose, long-run and short-run effects were estimated, using three modeling metho...