Real Exchange Rate and Productivity in an OLG Model

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Doan, Thi Hong Thinh; Gente, Karine;
  • Publisher: CNGP-INSEE
  • Journal: Annals Of Economics and Statistics, issue 109-110
  • Subject: Economie quantitative | [SHS.ECO]Humanities and Social Sciences/Economics and Finance | [SHS]Humanities and Social Sciences

This article develops an overlapping generations model to show how demography and savings affect the relationship between real exchange rate (RER) and productivity. In high-saving (low-saving) countries and/or low-population-growth-rate countries, a rise in productivity... View more
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