Euro-dollar real exchange rate dynamics in an estimated two-country model : what is important and what is not / prepared by Pau Rabanal and Vicente Tuesta.
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 importance of departing from the law of one price and complete markets assumptions. Our results can be...
Saved in:
| Online Access: |
Full Text (via ProQuest) |
|---|---|
| Main Authors: | , |
| Format: | eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
2006.
|
| Series: | IMF working paper ;
WP/06/177. |
| Subjects: |
Internet
Full Text (via ProQuest)Online
| Call Number: |
HG3897 .R33 2006eb
|
|---|---|
| HG3897 .R33 2006eb | Available |