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020129s2005 dcu o i00 0 eng d |
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|z 9781451861327
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|a 1018-5941
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7 |
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|a 10.5089/9781451861327.001
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|a (IMF)imfwpiea2005113
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|a (IMF)WPIEA2005113
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|a DcWaIMF
|b eng
|e rda
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|a Loko, Boileau.
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|a Labor Productivity and Real Exchange Rate :
|b The Balassa-Samuelson Disconnect in the former Yugoslav Republic of Macedonia /
|c Boileau Loko, Anita Tuladhar.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2005.
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|a 1 online resource (21 pages)
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|a text
|b txt
|2 rdacontent.
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|a computer
|b c
|2 rdamedia.
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|a online resource
|b cr
|2 rdacarrier.
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|a IMF Working Papers.
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|a This paper seeks to investigate the transmission mechanisms linking productivity to the real exchange rate in the former Yugoslav Republic of Macedonia. At first glance, the stylized facts-low labor productivity growth and a trend real depreciation-suggest that a Balassa- Samuelson effect is in play. We find that the relationship between the two is not a result of the traditional Balassa-Samuelson effect. Instead, the depreciation of the real exchange rate reflects mainly the behavior of prices in the tradable sector. We argue that the depreciating real exchange rate may reflect a prolonged transition associated with slow technological growth and the low quality of the country's tradable-goods basket.
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|a Description based on print version record.
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|a Tuladhar, Anita.
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776 |
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|i Print Version:
|a Loko, Boileau
|t Labor Productivity and Real Exchange Rate: The Balassa-Samuelson Disconnect in the former Yugoslav Republic of Macedonia
|d Washington, D.C. : International Monetary Fund, 2021.
|z 9781451861327.
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830 |
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|a IMF working paper ;
|v WP/2005/113.
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856 |
4 |
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|u http://elibrary.imf.org/view/journals/001/2005/113/001.2005.issue-113-en.xml
|z Full Text (via IMF e-Library)
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907 |
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|a .b80567605
|b 05-02-23
|c 07-24-15
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998 |
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|a web
|b - -
|c f
|d b
|e -
|f eng
|g dcu
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|i 0
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956 |
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|a IMF E-Library
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956 |
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|a IMF E-Library
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|p Can circulate
|a University of Colorado Boulder
|b Online
|c Online
|d Online
|i web
|n 1
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