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Campolmi et al., 2015 - Google Patents

Rethinking optimal exchange rate regimes with frictional labor markets

Campolmi et al., 2015

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Document ID
11838115561289633691
Author
Campolmi A
Faia E
Publication year
Publication venue
Macroeconomic Dynamics

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Snippet

Currency fluctuations are an important determinant of labor market dynamics. Vice versa, relative labor costs affect real exchange rate dynamics. The optimal choice of exchange rate regimes cannot neglect this nexus. We assess such a choice using a two-country model with …
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