Do Long-Run Productivity Differentials Explain Long-Run Real Exchange Rates? /

Do Long-Run Productivity Differentials Explain Long-Run Real Exchange Rates? /

We develop a two-country, balanced-growth intertemporal general equilibrium model to examine two predictions of the Balassa-Samuelson model, namely that (i) productivity differentials determine the domestic relative price of nontradables and (ii) deviations from purchasing power parity reflect diffe...

Detaylı Bibliyografya
Yazar:	Asea, Patrick
Diğer Yazarlar:	Mendoza, Enrique
Materyal Türü:	Dergi
Dil:	English
Baskı/Yayın Bilgisi:	Washington, D.C. : International Monetary Fund, 1994.
Seri Bilgileri:	IMF Working Papers; Working Paper ; No. 1994/060
Online Erişim:	Full text available on IMF

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