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Economists invoke Mundell (1961) in arguing for the general policy of   a flexible exchange rate regime as a means of restoring equilibria   after shocks. But there is a discrepancy between the intent of the   general policy and attempts at its implementation as identified by  ...
Persistent link: https://www.econbiz.de/10005001491
laboratory experiment that incorporates more aspects of real world complexity and more different sorts of official and private …
Persistent link: https://www.econbiz.de/10008457976
laboratory experiment.  The laboratory   experiment avoids measurement errors to which econometric estimation   is subject … experiment also   embeds a new theory of exchange rate determination involving the   uncontroversial power of fully cooperating …
Persistent link: https://www.econbiz.de/10004968391