Showing 1 - 10 of 31
Persistent link: https://www.econbiz.de/10001074870
Persistent link: https://www.econbiz.de/10001513456
Persistent link: https://www.econbiz.de/10001614001
Persistent link: https://www.econbiz.de/10001277168
Persistent link: https://www.econbiz.de/10001097877
Persistent link: https://www.econbiz.de/10001712389
Persistent link: https://www.econbiz.de/10002836134
We present a simple framework in which both the exchange rates disconnect and forward bias puzzles are simultaneously resolved. The flexible-price two-country monetary model is extended to include a consumption externality with habit persistence. Habit persistence is modeled using Campbell...
Persistent link: https://www.econbiz.de/10012905885
Persistent link: https://www.econbiz.de/10003521340
Persistent link: https://www.econbiz.de/10003944976