• 1 Introduction
  • 2 The model
  • 2.1 Preferences and prices
  • 2.2 The budget constraint
  • 2.3 Households’ optimality conditions andmoney supply
  • 2.4 Firms’ optimal price setting
  • 2.5 International asset markets
  • 2.6 National price levels and the exchange rate regime
  • 3 Empirical Evidence
  • 3.1 Measurement issues
  • 3.2 The estimation strategy
  • 3.3 A first look at the data
  • 3.4 The role of the exchange rate regime
  • 4 Conclusions
  • 5 Appendix: The list of countries
Persistent link: https://www.econbiz.de/10005866185