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This paper seeks to investigate the transmission mechanisms linking productivity to the real...

This paper provides an explanation for the secular increase in the price of services relative to...

Several transition countries have experienced strong real exchange rate appreciations. This paper...

Long-run movements of real exchange rates are studied using a panel data set comprising 51...

China is poised on the brink of a transition to a service-based economy. The Japanese experience...

Based on a version of the IMF's new Global Economic Model (GEM), calibrated to analyze...