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| Author: | Benigno, G. Benigno, P. |
| Title: | Price stability in open economies |
| Journal: | Review of Economic Studies
2003 : VOL. 70:4(245), p. 743-764 |
| Index terms: | Prices Open economy Economic stability |
| Language: | eng |
| Abstract: | The authors study the theoretical conditions under which price stability is a two-country open-economy model with imperfect competition and price stickiness. They show that cooperative and non-cooperative solutions do not coincide despite market completeness and producer currency prícing. |
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