Erceg, Christopher J.; Guerrieri, Luca; Gust, Christopher J. - 2006
trade adjustment, while implying a minimal depreciation of the
real exchange rate.
Keywords: SDGE model, open-economy … macroeconomics
JEL Codes: F41, F17
⁄ The authors thank Hilary Croke for excellent research assistance. We also thank David Backus …