Real Exchange Rates in Growing Economies : How Strong Is the Role of the Nontradables Sector? /

This paper emphasizes the importance of total factor productivity (TFP) developments in the nontradables sector to quantitatively demonstrate that the time-honored Balassa-Samuelson hypothesis does not generally apply to episodes of economic growth. Though the Balassa- Samuelson hypothesis postulate...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Miyajima, Ken
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2005.
Sarja:IMF Working Papers; Working Paper ; No. 2005/233
Linkit:Full text available on IMF