Global Imbalances : The Role of Non-Tradabletotal Factor Productivity in Advanced Economies /

This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of the United States, the euro area, and Japan in the emergence and evolution of today's global trade imbalances. Simulation results based on a dynamic general equilibrium model of...

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Bibliografiske detaljer
Hovedforfatter: Rebucci, Alessandro
Andre forfattere: Batini, Nicoletta, Cova, Pietro, Pisani, Massimiliano
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2009.
Serier:IMF Working Papers; Working Paper ; No. 2009/063
Online adgang:Full text available on IMF