We introduce shocks to the availability of US dollar funding for non-US financial intermediaries in a two-country New Keynesian model with financial frictions. Such dollar shortages lead to uncovered interest rate parity deviations and have a significant negative effects on the macroeconomy....

The purpose of this event is to bring together researchers who are working in the areas of macroeconomics and money to present and discuss their ongoing research and to stimulate interaction and cooperation between them. Submissions may deal with any topic in Macro, Money, and International...

The purpose of this event is to bring together researchers who are working in the areas of macroeconomics and money to present and discuss their ongoing research and to facilitate interaction and co-operation between them. Submissions may deal with any topic in Macro, Money, and International...