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Competitiveness, labor market institutions, and monetary policy : monetary policy should respond to the exchange rate in countries where labor market institutions hinder wage adjus...

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In the presence of rigid prices, movements in the exchange rate help to absorb external shocks and to reduce changes in net exports. However, they also affect firms’ competitiveness, marginal costs, and labor demand. In countries where labor market institutions hinder wage adjustment (for...

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A monetary approach to the exchange rate

Bilson, John F. O. - 1976

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Noise trading, central bank interventions, and the informational content of foreign currency options

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Obstfeld, Maurice - 1982

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Monetary and fiscal policy analyses in estimated DSGE models

Drygalla, Andrej - 2016

DSGE-Modelle; Geldpolitik; Fiskalpolitik; Markov-Regimewechsel; Inflationssteuerung; Wechselkurspolitik; Ölpreisschock …-Regimewechsel-Modells analysiert, inwiefern sich die Geldpolitik in der Tschechischen Republik, Polen und Ungarn im Zuge des Strategiewechsels zu einer …

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