Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/30200
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Campo DC | Valor | Idioma |
---|---|---|
dc.contributor.author | Freitas, Miguel Lebre de | por |
dc.contributor.author | Castro, Miguel de Faria e | por |
dc.date.accessioned | 2014-09-19T14:54:44Z | - |
dc.date.available | 2014-09-19T14:54:44Z | - |
dc.date.issued | 2014 | - |
dc.identifier.uri | https://hdl.handle.net/1822/30200 | - |
dc.description.abstract | We disentangle the extent to which the real exchange rate appreciation in Por- tugal during 1995-2010 re ected the emergence of wage-productivity misalignments or, instead, changes in the relative price of tradable and non-tradable goods. The available data suggests that the latter e ect dominated at the aggregate level. The evidence is consistent with the view that the external imbalance that character- ized the Portuguese economy during the 1990s and early 2000s was triggered by the liberalization of capital ows, and not by dysfunctional wage setting institu- tions. Using the Fundamental Equilibrium Exchange Rate approach, we nd that recent oil price shocks played an important role in explaining the real exchange rate overvaluation in Portugal. | por |
dc.description.sponsorship | COMPETE; QREN; FEDER; Fundação para a Ciência e a Tecnologia (FCT) | por |
dc.language.iso | eng | por |
dc.publisher | Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) | por |
dc.rights | openAccess | por |
dc.subject | Real exchange rate | por |
dc.subject | FERER | por |
dc.subject | Unit labor costs | por |
dc.title | The Portuguese real exchange rate, 1995-2010 : competitiveness or price effects? | por |
dc.type | workingPaper | por |
dc.peerreviewed | yes | por |
dc.relation.publisherversion | http://www.nipe.eeg.uminho.pt/Uploads/WP_2014/NIPE_WP_12_2014.pdf | por |
sdum.publicationstatus | published | por |
oaire.citationStartPage | 1 | por |
oaire.citationEndPage | 24 | por |
oaire.citationIssue | 12 | por |
oaire.citationConferencePlace | Braga, Portugal | por |
oaire.citationTitle | NIPE Working Paper Series | por |
dc.subject.fos | Ciências Sociais::Economia e Gestão | por |
Aparece nas coleções: | NIPE - Documentos de Trabalho |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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NIPE_WP_12_2014.pdf | NIPE WP 12/2014 | 1,11 MB | Adobe PDF | Ver/Abrir |