F41 - Open Economy Macroeconomics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T06:34:07+00:00Productivity, the Terms of Trade, and the Real Exchange Rate: The Balassa-Samuelson Hypothesis Revisited
https://www.bankofcanada.ca/2009/08/working-paper-2009-22/
The paper examines how the Balassa-Samuelson hypothesis is affected by a modern variation of the standard model that allows product differentiation (within the traded and nontraded goods sectors) with the number of firms determined exogenously or endogenously.2009-08-12T15:45:08+00:00enProductivity, the Terms of Trade, and the Real Exchange Rate: The Balassa-Samuelson Hypothesis Revisited2009-08-12Exchange ratesProductivityWorking Paper 2009-22 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-22.pdfProductivity, the Terms of Trade, and the Real Exchange Rate: The Balassa-Samuelson Hypothesis RevisitedEhsan U. ChoudhriLawrence L. SchembriAugust 2009FF3F31F4F41