A Model of Global Currency Pricing by Michael B. Devereux, Rui Lu, Kang Shi, Juanyi (Jenny) Xu published by NBER (3/2025). This paper proposes a concept of a global currency and introduces a “global currency pricing” specification into a…
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Consumption Heterogeneity and Monetary Policy in an Open Economy (Chen et al.)
mar 14, 2022, 10:54 AM 0
Consumption Heterogeneity and Monetary Policy in an Open Economy by Sihao Chen, Michael B. Devereux, Kang Shi, and Jenny Xu published by NBER (3/2022). We explore how consumption heterogeneity affects the international transmission mechanism of monetary shocks and the…