search query: @indexterm DYNAMIC MODELS / total: 269
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| Author: | Warnock, F.E. |
| Title: | Exchange rate dynamics and the welfare effects of monetary policy in a two-country model with home-product bias |
| Journal: | Journal of International Money and Finance
2003 : JUN, VOL. 22:3, p. 343-363 |
| Index terms: | Country comparisons Dynamic models Exchange rates Optimization Purchasing power parity |
| Language: | eng |
| Abstract: | This paper examines international spillovers and exchange rate dynamics in a two-country dynamic optimizing model that nests Obstfeld and Rogoff, (1995) and allows for home-product bias in consumption patterns. Allowing for home bias changes the results in three ways. |
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