Real Exchange Rate Levels, Productivity and Demand Shocks : Evidence from a Panel of 14 Countries /

We investigate the long-run relationship between the real exchange rate, traded and nontraded productivity levels, and government spending for 14 OECD countries, using recently developed panel cointegration tests. The results indicate that under certain assumptions it is easier to detect cointegrati...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Johnston, Louis
مؤلفون آخرون: Chinn, Menzie
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1997.
سلاسل:IMF Working Papers; Working Paper ; No. 1997/066
الوصول للمادة أونلاين:Full text available on IMF