This study investigates whether exchange rate flexibility aids real exchange rate adjustment based on intra-period data … produces faster or slower real exchange rate adjustment than the much less flexible official rate does. Half-life estimates of … adjustment speeds are obtained using fractional time series analysis. We find no systematic evidence that greater exchange rate …

adjustment of the contract payment, involving adjustment costs for both players. Players’ payoffs from trade under the … contract whenever the contract payment relative to the outcome of an adjustment passes a certain threshold, depending among … other things of the adjustment costs. There is strategic substitutability in the choice of thresholds, so that if one player …

We develop a programming algorithm that predicts a balanced-panel mix-adjusted house price index for arbitrary spatial …

index numbers and demand for characteristics to develop a new method for incorporating changes on the extensive …

We extend the trade restrictiveness index approach to the case of market imperfections and domestic regulations …

This paper uses a seasonal long-memory model to capture the behaviour of the US Industrial Production Index (IPI) over …