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productivity, including a newly constructed database on total factor productivity. Overall, our DOLS estimation results do not … productivity in the tradable sector and the real exchange rate, in contrast to BS. Earlier supportive findings depend strongly on …, leading to a negative relationship between the productivity in the tradable sector and the real exchange rate. In a small open …
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provide a microfoundation for aggregate productivity shocks. Existing research has focused on using aggregate shocks to …
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provide a microfoundation for aggregate productivity shocks. Existing research has focused on using aggregate shocks to …
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