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The exchange rate – A shock-absorber or source of shocks? A study of four open economies

✍ Scribed by Michael Artis; Michael Ehrmann


Book ID
116658753
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
644 KB
Volume
25
Category
Article
ISSN
0261-5606

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A study of the shock layer in equilibriu
✍ H. Rhee; B.F. Bodin; N.R. Amundson 📂 Article 📅 1971 🏛 Elsevier Science 🌐 English ⚖ 480 KB

Ahstract-A theoretical study of the shock layer is presented for one-dimensional, fixed bed, single solute exchange systems. Local equilibrium is assumed. A moving coordinate scheme is used to establish the existence conditions, uniqueness, and asymptotic stability of the shock layer. A closed form