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- W2281990722 abstract "In a rational expectations model, wages and prices should respond more to shocks in currency unions than in soft pegs because of the absence of exchange rate adjustment. Empirical evidence from three currency unions tends to support this hypothesis, but the rate of adjustment is slow." @default.
- W2281990722 created "2016-06-24" @default.
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- W2281990722 date "2015-12-01" @default.
- W2281990722 modified "2023-09-27" @default.
- W2281990722 title "Price Adjustment in Currency Unions" @default.
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