“...We study the welfare costs of business cycles in a search and matching model with financial frictions. The model replicates the volatility on labor and...”

“...This paper proposes a two‐country general‐equilibrium model incorporating a tradable sector with pricing‐to‐market as well as a nontradable sector. In that...”

“...This important new book builds upon the seminal work by Obsfeld and Rogoff, Foundations of International Macroeconomicsand aims at providing a coherent and...”

“...This important new book builds upon the seminal work by Obsfeld and Rogoff, Foundations of International Macroeconomics and aims at providing a coherent and...”

“...This important new book builds upon the seminal work by Obsfeld and Rogoff, Foundations of International Macroeconomicsand aims at providing a coherent and...”