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This paper investigates the relationships between the degree of price stickiness (inflexibility), the variability of … that there exists, in general, a critical degree of price inflexibility below which increased inflexibility of prices …
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Real exchange rate fluctuations impact domestic economic activity throughout the trade and financial channels. Using granular data from the Brazilian manufacturing sector, we decompose the manufacturing sector into different sub-sectors according to their net exposures to international trade and...
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monetary policy shocks. This result is puzzling. Economic theory suggests that the overshooting should occur immediately after …
Persistent link: https://www.econbiz.de/10001732246
This paper first discusses the trade and investment development between China and Africa; the sound development of bilateral trade and investment between both sides will only be guaranteed in the legal framework. Then the article analyses the legal exchange between both sides, which is not enough...
Persistent link: https://www.econbiz.de/10013088857
rate changes, global price changes, and capital market fluctuations.This note presents an overview of the theoretical …
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