Real exchange rate, productivity, and the terms of trade
The theoretical literature assumes that real variables affect the real exchange rate only through the relative price of nontraded goods. In Chapter 2. I decompose the real Canada-US exchange rate into the relative prices of traded goods and nontraded goods and analyze how real shocks affect these tw...
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| Format: | Others |
| Language: | English en |
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2010
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| Online Access: | http://hdl.handle.net/1828/2172 |