Productivity, External Balance and Exchange Rates: Evidence on the Transmission Mechanism Among G7 Countries
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https://www.nber.org/papers/w12483
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资源简介:
This paper investigates the international transmission of productivity shocks in a sample of five G7 countries. For each country, using long-run restrictions, we identify shocks that increase permanently domestic labor productivity in manufacturing (our measure of tradables) relative to an aggregate
提供机构:
美国国家经济研究局
创建时间:
2006-08-01



