Not so Disconnected: Exchange Rates and the Capital Stock
收藏NBER2015-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21445
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资源简介:
We investigate the link between stochastic properties of exchange rates and differences in capital-output ratios across industrialized countries. To this end, we endogenize capital accumulation within a standard model of exchange rate determination with nontraded goods. The model predicts that
提供机构:
美国国家经济研究局
创建时间:
2015-08-01



