The Resource Labor productivity and real exchange rate : the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia, prepared by Boileau Loko and Anita Tuladhar
Labor productivity and real exchange rate : the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia, prepared by Boileau Loko and Anita Tuladhar
Resource Information
The item Labor productivity and real exchange rate : the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia, prepared by Boileau Loko and Anita Tuladhar represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Labor productivity and real exchange rate : the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia, prepared by Boileau Loko and Anita Tuladhar represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- 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
- Language
- eng
- Extent
- 1 online resource (21 pages)
- Note
- "June 2005."
- Contents
-
- Contents
- I. INTRODUCTION
- II. STYLIZED FACTS
- III. IS THERE A BALASSA-SAMUELSON EFFECT AT PLAY IN FYR MACEDONIA?
- IV. WHY PPP FAILS
- V. CONCLUSION AND POLICY IMPLICATIONS
- APPENDIX Estimating the Equilibrium Real Effective Exchange Rate
- REFERENCES
- Isbn
- 9781451906684
- Label
- Labor productivity and real exchange rate : the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia
- Title
- Labor productivity and real exchange rate
- Title remainder
- the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia
- Statement of responsibility
- prepared by Boileau Loko and Anita Tuladhar
- Language
- eng
- Summary
- 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
- Cataloging source
- HDC
- http://bibfra.me/vocab/lite/collectionName
- IMF eLibrary
- http://library.link/vocab/creatorName
- Loko, Boileau
- Government publication
- international or intergovernmental publication
- Illustrations
- illustrations
- Index
- no index present
- Language note
- English
- LC call number
- HG3810
- LC item number
- .I4525 2005 no.113 ONLINE
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- http://library.link/vocab/relatedWorkOrContributorName
-
- Tuladhar, Anita
- International Monetary Fund
- International Monetary Fund
- Series statement
- IMF Working Paper
- Series volume
- WP/05/113
- http://library.link/vocab/subjectName
-
- Foreign exchange rates
- Labor productivity
- Foreign exchange rates
- Labor productivity
- Europe
- Label
- Labor productivity and real exchange rate : the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia, prepared by Boileau Loko and Anita Tuladhar
- Note
- "June 2005."
- Bibliography note
- Includes bibliographical references (pages 20-21)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Contents -- I. INTRODUCTION -- II. STYLIZED FACTS -- III. IS THERE A BALASSA-SAMUELSON EFFECT AT PLAY IN FYR MACEDONIA? -- IV. WHY PPP FAILS -- V. CONCLUSION AND POLICY IMPLICATIONS -- APPENDIX Estimating the Equilibrium Real Effective Exchange Rate -- REFERENCES
- Control code
- 231688835
- Dimensions
- unknown
- Extent
- 1 online resource (21 pages)
- Form of item
- online
- Isbn
- 9781451906684
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other physical details
- illustrations
- Specific material designation
- remote
- System control number
- (OCoLC)231688835
- Label
- Labor productivity and real exchange rate : the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia, prepared by Boileau Loko and Anita Tuladhar
- Note
- "June 2005."
- Bibliography note
- Includes bibliographical references (pages 20-21)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Contents -- I. INTRODUCTION -- II. STYLIZED FACTS -- III. IS THERE A BALASSA-SAMUELSON EFFECT AT PLAY IN FYR MACEDONIA? -- IV. WHY PPP FAILS -- V. CONCLUSION AND POLICY IMPLICATIONS -- APPENDIX Estimating the Equilibrium Real Effective Exchange Rate -- REFERENCES
- Control code
- 231688835
- Dimensions
- unknown
- Extent
- 1 online resource (21 pages)
- Form of item
- online
- Isbn
- 9781451906684
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other physical details
- illustrations
- Specific material designation
- remote
- System control number
- (OCoLC)231688835
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Labor-productivity-and-real-exchange-rate--the/Trms2XXjV_Q/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Labor-productivity-and-real-exchange-rate--the/Trms2XXjV_Q/">Labor productivity and real exchange rate : the Balassa-Samuelson disconnect in the former Yugoslav Republic of Macedonia, prepared by Boileau Loko and Anita Tuladhar</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>