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| Tekijä: | Warnock, F.E. |
| Otsikko: | Exchange rate dynamics and the welfare effects of monetary policy in a two-country model with home-product bias |
| Lehti: | Journal of International Money and Finance
2003 : JUN, VOL. 22:3, p. 343-363 |
| Asiasana: | Country comparisons Dynamic models Exchange rates Optimization Purchasing power parity |
| Kieli: | eng |
| Tiivistelmä: | 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. |
SCIMA