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Browsing RSCAS Working Papers by Subject "US dollar real exchange rate"
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Title:The International Dimension of Productivity and Demand Shocks in the US Economy
Author(s):CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, SylvainDate:2008Type of Publication:Working PaperSeries/Report no.:CEPRAbstract:This paper investigates the international dimension of productivity and demand shocks to US manufacturing. Identifying shocks with sign restrictions based on standard theory predictions we find that productivity gains in ...