Ehsan U. Choudhri

External Author

Show all

Staff Working Papers

Productivity, the Terms of Trade, and the Real Exchange Rate: The Balassa-Samuelson Hypothesis Revisited

Staff Working Paper 2009-22 Ehsan U. Choudhri, Lawrence L. Schembri
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.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Exchange rates, Productivity JEL Code(s): F, F3, F31, F4, F41

See More