Reserve (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru), and two non-CCA members, the Central Bank of the Republic …

example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. -- Exchange rates ; Productivity …

rates according to a first-order Markov process. The author finds that labour productivity in Canada fell from the high …The author attempts to track Canadian labour productivity over the past four decades using a multivariate dynamic … factor model that, in addition to the labour productivity series, includes aggregate compensation and consumption information …

a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and …

plant’s placement within the productivity distribution. Appreciations of the local currency expose domestic plants to more … plants are forced from the market, which truncates the lower end of the productivity distribution. For surviving plants …, appreciations can lead to a reduction in plant size, which, in the presence of scale economies, can lower productivity. We examine …