Exchange rate based stabilizations under real frictions: The role of endogenous labor supply

This paper studies exchange-rate-based stabilization programs in the context of a model of a small open economy where labor supply is endogenous. Agents derive utility from both consumption and leisure. In environments where consumption is subject to a cash-in-advance constraint, a cut in the rate o...

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Bibliographic details
Volume: 25
Main Author: Lahiri, Amartya
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: AMSTERDAM Elsevier B.V 2001
ELSEVIER SCIENCE BV
Elsevier
published in: Journal of economic dynamics & control Vol. 25; no. 8; pp. 1157 - 1177
Data of publication: 2001
ISSN: 0165-1889
1879-1743
EISSN: 1879-1743
Discipline: Economics
Series: Journal of Economic Dynamics and Control
Subjects:
E2
F3
F4
Online Access: Fulltext
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2001
RePEc IDEAS
RePEc
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Academic OneFile (A&I only)
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