Self-Validating Optimum Currency Areas

128 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Why do Consumer Prices React Less than Import Prices to Exchange Rates (2002, background): “7. Other papers that look at the endogenous currency decision include Devereux, Engel, and Storgaard (2002) and Corsetti and Pesenti (2002) .”
The Macroeconomic Costs and Benefits of the EMU and Other Monetary Unions: An Overview of Recent Research (2010, unknown): “The advantage of monetary autonomy in New Keynesian models also depends rather critically on the degree of exchange rate pass-through in import prices, as demonstrated in the work by Giancarlo Corsetti and Paolo Pesenti (2002) and Michael B. Devereux and Charles Engel (2003).”
A macroeconomic model of international price discrimination (2005, background): “Recent work by Bacchetta and Van Wincoop (2002), Corsetti and Pesenti (2002) and Devereux et al. (2004) analyzes the problem of producers who can choose whether to preset prices in domestic currency only or in both domestic and foreign currencies.”
Incomplete Pass-Through and the Welfare Effects of Exchange Rate Variability (2005, unknown): “where C¤ H;1 = ÃC ¤ H μ P ¤ H;1 P ¤ H ¶¡1 ; C¤ H;2 = (1¡ Ã)C¤ H μ P ¤ H;2 P ¤ H ¶¡1 (11)”
Macroeconomics of International Price Discrimination (2002, unknown): “[13] Corsetti, Giancarlo, and Paolo Pesenti [2002].”