Essays on the dynamics of the U.S. real exchange rate
The existing new open-economy macroeconomic literature is almost entirely developed based on the sticky price model. However, the sticky price framework has received both theoretical and empirical criticism over the years. Recently, the sticky information model is introduced as an alternative by add...
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| Format: | Theses and Dissertations |
| Language: | English |
| Published: |
2014
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| Institution: | Nanyang Technological University |
| Language: | English |