How Long to Read Does Productivity Growth Lead to Appreciation of the Real Exchange Rate?

By Man-Keung Tang

How Long Does it Take to Read Does Productivity Growth Lead to Appreciation of the Real Exchange Rate??

It takes the average reader and 41 minutes to read Does Productivity Growth Lead to Appreciation of the Real Exchange Rate? by Man-Keung Tang

Assuming a reading speed of 250 words per minute. Learn more

Description

We revisit the time-honored link between productivity and the real exchange rate. Consistent with the traditional view, we find that higher labor productivity tends to lead to appreciation of the real exchange rate. Contrary to the traditional view, however, we find that the positive productivity effect is transmitted through the real exchange rate based on tradable prices, rather than through relative prices between tradables and nontradables. Moreover, higher total factor productivity is found, if anything, to lead to depreciation of the real exchange rate. These last two pieces of evidence provide support for the emerging view that limited tradability of goods and services provides scope for the strategic pricing decision, which has material consequences for the aggregate real exchange rate.

How long is Does Productivity Growth Lead to Appreciation of the Real Exchange Rate??

Does Productivity Growth Lead to Appreciation of the Real Exchange Rate? by Man-Keung Tang is 41 pages long, and a total of 10,291 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Does Productivity Growth Lead to Appreciation of the Real Exchange Rate? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Does Productivity Growth Lead to Appreciation of the Real Exchange Rate? aloud.

What Reading Level is Does Productivity Growth Lead to Appreciation of the Real Exchange Rate??

Does Productivity Growth Lead to Appreciation of the Real Exchange Rate? is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Does Productivity Growth Lead to Appreciation of the Real Exchange Rate??

Does Productivity Growth Lead to Appreciation of the Real Exchange Rate? by Man-Keung Tang is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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