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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Rebucci, Alessandro
Outros Autores: Batini, Nicoletta, Cova, Pietro, Pisani, Massimiliano
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
Colecção:IMF Working Papers; Working Paper ; No. 2009/063
Acesso em linha:Full text available on IMF