Does Productivity Growth Lead to Appreciation of the Real Exchange Rate? /
We revisit the time-honored link between productivity and the real exchange rate. Consistent with the traditional view, we find that higher labor productivity tends to lead to appreciation of the real exchange rate. Contrary to the traditional view, however, we find that the positive productivity ef...
| المؤلف الرئيسي: | |
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| مؤلفون آخرون: | |
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2003.
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| سلاسل: | IMF Working Papers; Working Paper ;
No. 2003/154 |
| الوصول للمادة أونلاين: | Full text available on IMF |