endogenous international price movements that are consistent with both the "old" and the "new" facts. In this mechanism, firms … operating in a monopolistically competitive environment adjust price and quality of their products in response to technological … shocks. This model is consistent with the old facts if price levels are not adjusted for quality. Instead, if quality …

production conditional on the gold price. Production thus follows gold prices …

domestic products / Elio Lancieri -- Productivity, factor endowments, military expenditures, and national price levels … perspective on international comparisons of capital / Michael Ward -- Comparative price and productivity levels : Korea and the … of assessments, 1946-1994 / Lawrence H. Officer -- Van Ijzeren's method of international price and volume comparison : an …