THE INFLUENCE OF TRADED AND NONTRADED WAGES ON RELATIVE PRICES AND REAL EXCHANGE-RATES

Authors
Citation
J. Strauss, THE INFLUENCE OF TRADED AND NONTRADED WAGES ON RELATIVE PRICES AND REAL EXCHANGE-RATES, Economics letters, 55(3), 1997, pp. 391-395
Citations number
11
Categorie Soggetti
Economics
Journal title
ISSN journal
01651765
Volume
55
Issue
3
Year of publication
1997
Pages
391 - 395
Database
ISI
SICI code
0165-1765(1997)55:3<391:TIOTAN>2.0.ZU;2-U
Abstract
This work demonstrates for fourteen OECD economies that wage different ials between traded and nontraded goods significantly affect the relat ive price of nontradeables and the real exchange rate in the short and medium-run. (C) 1997 Elsevier Science S.A.