Pricing-To-Market and International Business Cycle
Empirical evidence suggest that nominal shocks play a major role in explaining real exchange rate fluctuations. I thus develop a two-country monopolistic competition model with nominal impulses, adjustement costs and price discrimination. I gauge the ability of the model to solve the quantity puzzle...
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| Main Author: | Sopraseuth, Thepthida |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
1999 |
| Related: |
Université Panthéon-Sorbonne (Paris 1) |
| Data of publication: | 1999 |
| Series: |
Papiers d'Economie Mathématique et Applications |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | RePEc RePEc IDEAS Database information Databases - DBIS |