Showing 1 - 10 of 90
Persistent link: https://www.econbiz.de/10011517944
Most economies experience episodes of persistent real exchange rate appreciations, when the question arises whether there is a need for intervention to protect the export sector. In this paper we present a model of irreversible destruction where exchange rate intervention may be justified if the...
Persistent link: https://www.econbiz.de/10012760099
Persistent link: https://www.econbiz.de/10003969373
"One of the main economic villains before the crisis was the presence of large "global imbalances." The concern was that the U.S. would experience a sudden stop of capital flows, which would unavoidably drag the world economy into a deep recession. However, when the crisis finally did come, the...
Persistent link: https://www.econbiz.de/10003925208
Persistent link: https://www.econbiz.de/10008771403
Persistent link: https://www.econbiz.de/10003431334
Persistent link: https://www.econbiz.de/10003404161
Persistent link: https://www.econbiz.de/10003942551
Persistent link: https://www.econbiz.de/10011555789
Persistent link: https://www.econbiz.de/10001502025