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...

Полное описание

Библиографические подробности
Главный автор: Rebucci, Alessandro
Другие авторы: Batini, Nicoletta, Cova, Pietro, Pisani, Massimiliano
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2009.
Серии:IMF Working Papers; Working Paper ; No. 2009/063
Online-ссылка:Full text available on IMF