This paper presents a two-country, two-good, two-currency overlapping generations model that features limited participation and costly state verification in the credit markets. The model is used to study the role of financial factors in the international transmission of business fluctuations, and to
โฆ LIBER โฆ
Real and nominal exchange rate variability
โ Scribed by Richard C. Marston
- Publisher
- Springer US
- Year
- 1989
- Tongue
- English
- Weight
- 743 KB
- Volume
- 16
- Category
- Article
- ISSN
- 0340-8744
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
Credit market imperfections and nominal
โ
Wai-Ming Ho
๐
Article
๐
1998
๐
John Wiley and Sons
๐
English
โ 268 KB
Stochastic behavior of nominal exchange
โ
Luis A. Gil-Alana
๐
Article
๐
2003
๐
Springer US
๐
English
โ 841 KB
Permanent and transitory shocks on real
โ
Haluk Erlat; Guzin Erlat
๐
Article
๐
1998
๐
Springer US
๐
English
โ 952 KB
Real exchange rates and developing count
โ
Angelos Kanas
๐
Article
๐
2009
๐
John Wiley and Sons
๐
English
โ 495 KB
## Abstract As the real exchange rate of developing countries is especially vulnerable to stochastic events, standard unit root tests do not capture such events adequately. Using a Markov switching extension of the ADF test, which incorporates stochastic regime switching, we address the issue of re
Real and nominal UK interest rates, ERM
โ
Andreas Reschreiter
๐
Article
๐
2010
๐
Springer-Verlag
๐
English
โ 317 KB
Fiscal announcements and real exchange r
โ
Jyh-Lin Wu
๐
Article
๐
1994
๐
Springer US
๐
English
โ 747 KB