Karanassou, Marika (contributor); Sala, Hector (contributor) - 2007
.g. the capital stock, output, population)
and many nominal frictions. The analysis of the interaction of these various … relative to output. Note that prices are
more sensitive to fluctuations in the trade surplus/deficit than to changes in either … productivity and real wages, the so called wage-gap,
has a positive effect on the stock market. Our interpretation is that this …