Search Results for unobserved heterogeneity

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This paper develops a general equilibrium model with unemployment and noncooperative wage...

The real effective exchange rate (REER) is the most commonly used measure for assessing...

This paper considers the effects of trade policy-tariffs and quotas-when importing is done by...

We analyze the relationship between international trade and the quality of economic institutions,...

We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove...

This paper investigates the transmission mechanism of monetary policy in the four largest euro...