 | Cointegrated TFP Processes and International Business Cycles Author/Editor: Vicente Tuesta, Juan F. Rubio-Ramirez, Pau Rabanal. Release Date:September, 2009 A puzzle in international macroeconomics is that observed real exchange rates are highly volatile. Standard international real business cycle (IRBC) models cannot reproduce this fact. We show that more...
| Price: $18.00
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| Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model : What is Important and What is Not Author/Editor: Vicente Tuesta, Pau Rabanal. Release Date:July, 2006 We use a Bayesian approach to estimate a standard two-country New Open Economy Macroeconomics model using data for the United States and the euro area, and we perform model comparisons to study the more...
| Price: $15.00
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