Showing 1 - 10 of 84
This paper studies the optimal design of monetary policy in an optimizing two-country sticky price model. We suppose that the production sequence of final consumption goods stretches across both countries and is associated with vertical trade. Prices of final consumption goods are sticky in the...
Persistent link: https://www.econbiz.de/10014402993
We analyze in this paper how the mutual dependence of private sector expectations in different countries on one another influences the stability of fixed exchange rate regimes. The crisis probabilities of countries trading with one another are interdependent because wage setters react to an...
Persistent link: https://www.econbiz.de/10014399568
Persistent link: https://www.econbiz.de/10003712966
Persistent link: https://www.econbiz.de/10003781955
Persistent link: https://www.econbiz.de/10003322065
Persistent link: https://www.econbiz.de/10008665737
Persistent link: https://www.econbiz.de/10003531356
Persistent link: https://www.econbiz.de/10003392493
Persistent link: https://www.econbiz.de/10001595734
Währungskrisen einzelner Länder können weitreichende Folgen für die internationalen Devisen- und Finanzmärkte haben. Dafür gab es in den 90er Jahren viele Beispiele. Durch welche Transmissionskanäle breiteten sich diese Krisen aus?
Persistent link: https://www.econbiz.de/10010302160