[The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?]: Comment

By Olivier Jeanne. NBER macroeconomics annual, 2000

123 citations recorded by the source corpus.

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Citations in the corpus

Exchange Rates and Fundamentals: Evidence on the Economic Value of Predictability (2005, methodology): “…sophistication of econometric techniques employed and quality of the data sets utilized, the original results highlighted by Meese and Rogoff continue to present a challenge and constitute a component of what Obstfeld and Rogoff (2000) have recently termed as the ‘exchange rate disconnect puzzle.’”
The trade-creating effects of business and social networks: evidence from France (2005, background): “Obstfeld and Rogoff (2000) for instance refer to the border effect as one of the bsix major puzzles in international macroeconomicsQ. Although going a long way towards enlightening this puzzle through a much improved link with theory, Anderson and van Wincoop (2003) are left with nontrivial bunexpla”
Has Distance Died? Evidence from a Panel Gravity Model (2002, background): “As in Soloaga and Winters (2001) and Bayoumi and Eichengreen (1997), among others, the bilateral real exchange rate between i and j, RERijt is introduced into the equation.”
Nonlinearity in Deviations from Uncovered Interest Parity: An Explanation of the Forward Bias Puzzle (2006, unknown): “…on their fundamentals in a way that reversion towards international parity conditions is a function of the size of the deviation from the parity conditions themselves – e.g., see Dumas (1992, p. 174, Equation 23); see also Baldwin (1990), Hollifield and Uppal (1995) and Obstfeld and Rogoff (2000).”
The ACR Model: A Multivariate Dynamic Mixture Autoregression (2008, unknown): “5The crucial role of trading costs is emphasized in Obstfeld and Rogoff (2000).”
Revisiting the effects of regional trade agreements on trade flows with proper specification of the gravity model (2006, unknown): “(7a) and (7b) are estimated using a central elasticity value of s ¼ 4 which corresponds to estimates proposed in empirical literature (e.g. Obstfeld and Rogoff, 2001).”
International Prices and Exchange Rates (2013, unknown): “Third, and more generally, this model implies a counterfactually strong relation between exchange rates and macro variables at short and medium horizons, which is referred to as the “exchange rate disconnect” puzzle (see e.g. Baxter and Stockman (1989), Obstfeld and Rogoff (2000)).”
The Future of Globalization (2002, background): “…‘communication revolutions’ that have significantly reduced the costs of transporting over distance, eventually these will come up against the basic physical impossibility of total transport cost elimination, so here is one (fairly obvious) ‘limit to globalization’ (see Obstfeld and Rogoff, 2001).”