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Terms of Trade, Productivity, and the Real Exchange Rate

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NBER1994-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4807
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The paper examines the effects of terms of trade movements and productivity differentials across sectors on the behavior of the real exchange rate. We develop a simple model of a small open economy producing exportable and nontradable goods and consuming importable and nontradable goods and present
创建时间:
1994-07-01
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