Belke, Ansgar; Göcke, Matthias; Werner, Laura - Rheinisch-Westfälisches Institut für … - 2014
and the dynamics of the nexus of exchange rate and exports. Since the standard characteristics of hysteresis apply – i … correctly titled as “hysteresis”. Empirical research in economics is using different methods in order to capture path …, we give an overview of the implementation of hysteresis in economics, with an emphasis on two aspects: (1) the …