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This paper studies dynamics of endogenous business cycles and exchange rate volatility in a small open economy. Without market imperfections
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domestic price and wage adjustments respond sluggishly to disequilibrium situations on real domestic markets whil
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Böhm, Volker
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Kikuchi, Tomoo
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International Monetary Fund (IMF)
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Tilburg University, Center for Economic Research
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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Université Paris-Dauphine (Paris IX)
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HAL
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Barcelona Graduate School of Economics (Barcelona GSE)
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Departament d'Economia i Història Econòmica, Universitat Autònoma de Barcelona
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Helseøkonomisk Forskningsprogram (HERO), Universitetet i Oslo
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Dynamics of Endogenous Business Cycles and Exchange Rate Volatility
Böhm, Volker
;
Kikuchi, Tomoo
-
CESifo
-
2002
market imperfections, domestic price and wage adjustments respond sluggishly to disequilibrium
situations
on real domestic …
Persistent link: https://www.econbiz.de/10005094491
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