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Productivity, Tradability, and the Long-Run Price Puzzle

In: International Macroeconomic Interdependence

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  • Paul R. Bergin
  • Reuven Glick
  • Alan M. Taylor

Abstract

The following sections are included:Introduction and Conventional WisdomStylized “Facts” and a Simple ModelA PuzzleA More General ModelNumerical SimulationsConclusionAppendixAcknowledgmentReferences

Suggested Citation

  • Paul R. Bergin & Reuven Glick & Alan M. Taylor, 2017. "Productivity, Tradability, and the Long-Run Price Puzzle," World Scientific Book Chapters, in: International Macroeconomic Interdependence, chapter 8, pages 211-248, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789813225343_0008
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    More about this item

    Keywords

    Macroeconomics; International; Cooperation; Business Cycles; Exchange Rate; Current Account;
    All these keywords.

    JEL classification:

    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions

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