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Πέμπτη 11 Οκτωβρίου 2018

If exchange rates are random walks, then almost everything we say about monetary policy is wrong

Alvarez, F; Atkeson, A; Kehoe, PJ; (2007) If exchange rates are random walks, then almost everything we say about monetary policy is wrong. American Economic Review , 97 (2) pp. 339-345. 10.1257/aer.97.2.339 . Green open access

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