The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered
收藏NBER2014-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20228
下载链接
链接失效反馈官方服务：
资源简介：
Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample period. Although the traditional Balassa-Samuelson model
提供机构：
美国国家经济研究局创建时间：
2014-06-01
