Price stickiness , inflation , and persistence in real exchange rate fluctuations : cross - country results *
نویسنده
چکیده
Models that emphasize sticky prices to explain persistent real exchange rate fluctuations predict that such fluctuations should be less persistent in high inflation countries relative to low inflation countries. Cross-country regression results, in general, do not support this implication. 2001 Elsevier Science B.V. All rights reserved.
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تاریخ انتشار 2001