Browsing Artículos Científicos by Subject "Terms of trade"
Now showing items 1-2 of 2
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Structural real exchange rate and unemployment interdependencies in Argentina
(2014)Based on a three-sector micro-founded model of a small open economy, this paper investigates the interdependences between the structural real exchange rate (defi ned as the relative prices tradable to non-tradable goods ... -
Terms of trade and potential output in Argentina
(2013-11)This paper uses an equilibrium correction model to estimate Argentina´s potential output in the 1913-2011 period. The long-term equilibrium is represented by an aggregate Cobb-Douglas production function with three factors: ...