Testing the S,s model
Article Abstract:
The (S,s) model has become popular in assessments of discrete adjustment, but there is little evidence that it is important on its own, though it may be important where there is an interaction with imperfect capital markets.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000
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Rules and authorities in international monetary arrangements: the role of the central bank
Article Abstract:
The Asian financial crisis has led to a debate on central banks, capital flows and exchange rates, which is examined in detail.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000
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