Real Exchange Rates, Income per Capita, and Sectoral Input Shares
收藏NBER2017-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23705
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资源简介：
Aggregate price levels are positively related to GDP per capita across countries. We propose a mechanism that rationalizes this observation through sectorial differences in intermediate input shares. As aggregate productivity and income grow, so do wages relative to intermediate input prices, which
提供机构：
美国国家经济研究局
创建时间：
2017-08-01
