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How Important Are Terms Of Trade Shocks?
Schmitt-Grohé, Stephanie - 2015
three-sector open economy model and estimate key structural parameters country by country. We find that at the country level …
Persistent link: https://www.econbiz.de/10012457414
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Pegs, Downward Wage Rigidity, and Unemployment : The Role of Financial Structure
Schmitt-Grohé, Stephanie - 2012
, a pegging economy might be better off with a closed than with an open capital account. Second, the welfare gain from …
Persistent link: https://www.econbiz.de/10012460437
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Exchange Rates in Emerging Economies : What Do We Know? What Do We Need to Know?
Edwards, Sebastian - 1999
Exchange rates have been at the center of economic debates in emerging economies. Issues related to the feasibility of flexible exchange rates, the relationship between exchange rate volatility and growth, and the role of exchange rate overvaluation in recent crises, among other, have been...
Persistent link: https://www.econbiz.de/10012471561