Fazio, Giorgio (contributor); McAdam, Peter (contributor); … - 2007
literature as key determinants of CPI-
based real exchange rates, namely: the trade balance, productivity and the mark up. In … example, MacDonald (2007)): the trade balance, productivity
and the mark up. The trade balance is usually seen as a key … disaggregate level? For example, do sectors
respond in a similar way at the disaggregate level to movements in the trade balance …