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Endogenous Currency of Price Setting in a Dynamic Open Economy Model

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NBER2001-10-01 更新2025-01-04 收录
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Many papers in the recent literature in open economy macroeconomics make different assumptions about the currency in which firms set their export prices when nominal prices must be pre-set. But to date, all of these studies take the currency of price setting as exogenous. This paper sets up a simple

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2001-10-01
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