We reappraise the relationship between productivity and equilibrium real exchange rates using a panel estimation … role of non-traded, as well as traded, sector productivity shocks in exchange rate determination. We find evidence of … significant correlation between real exchange rates and productivity differentials in both sectors. But our finding of a …

persistence typically proceed along two distinct paths, resorting either to the presence of real shocks such as productivity …

persistence typically proceed along two distinct paths, resorting either to the presence of real shocks such as productivity …

for a dynamic interaction in explaining total factor productivity (TFP). Relative to the existing literature, our model …

We propose a novel, multilaterally consistent productivity approach-based indicator to assess the international price … attention has been paid to an appropriate selection of price and productivity data in levels as opposed to indices, and to the …

We reappraise the relationship between productivity and equilibrium real exchange rates using a panel estimation … role of non-traded, as well as traded, sector productivity shocks in exchange rate determination. We find evidence of … significant correlation between real exchange rates and productivity differentials in both sectors. But our finding of a …

This paper presents empirical evidence of the effect of FDI inflows on productivity convergence in central and eastern … Europe, using industry-level data. Four conclusions stand out. First, there is a strong convergence effect in productivity …, both at the country and at the industry level. Second, FDI inflow plays an important role in accounting for productivity …

We use an industrial organisation approach to quantify the size of Total Factor Productivity Growth (TFPG) for euro … period. In addition, we observe that Total Factor Productivity growth for the median euro area bank decreased from around 2 …. Given the need to boost productivity and enhance profitability in the euro area banking sector, these findings suggests that …