Towards a System of Multilateral Unit Labor Cost-Based Competitiveness Indicators for Advanced, Developing, and Transition Countries »
Series: IMF Working Papers
Author(s): Anthony Turner , and Stephen Golub
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 1997
Keywords: effective exchange rates, exchange rates, reer, unit labor costs, exchange rate
This paper attempts to extend the range of countries covered by the IMF's multilateral real exchange rate indexes based on relative unit labor costs (REER-ULCs) in manufacturing. A data set was assembled that permi...