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Browsing RSCAS Working Papers by Subject "US current account"
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Title:Productivity, External Balance and Exchange Rates: Evidence on the Transmission Mechanism among G7 Countries
Author(s):CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, SylvainDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper investigates the international transmission of productivity shocks
in a sample of ve G7 countries. For each country, using long-run restrictions,
we identify shocks that increase permanently domestic labor ...