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approaches found in the empirical literature on aggregation and the real exchange rate. In particular, we reconcile the …
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that the more aggregate the data, the closer the distribution to perfect staggering. This result holds for both aggregation …
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approaches found in the empirical literature on aggregation and the real exchange rate. In particular, we reconcile the …]). -- Heterogeneity ; aggregation ; price stickiness ; real exchange rates ; PPP puzzle …
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