 | Price Expectations and the U.S. Housing Boom Author/Editor: Pascal Towbin, Sebastian Weber. Release Date:July, 2015 Between 1996 and 2006 the U.S. has experienced an unprecedented boom in house prices. As it has proven to be difficult to explain the large price increase by observable fundamentals, many observers more...
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| Limits of Floating Exchange Rates : The Role of Foreign Currency Debt and Import Structure Author/Editor: Pascal Towbin, Sebastian Weber. Release Date:February, 2011 A traditional argument in favor of flexible exchange rates is that they insulate output better from real shocks, because the exchange rate can adjust and stabilize demand for domestic goods through more...
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