The Usual Suspects? Productivity and Demand Shocks and Asia-Pacific Real Exchange Rates
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The evidence for a productivity-based explanation for real exchange rate behavior of East Asian currencies is examined. Using sectoral output and employment data, relative prices and relative productivities are calculated for China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan
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美国国家经济研究局创建时间：
1997-07-01
