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Pricing behavior and the role of trade openness in the transmission of monetary shocks (2018)
Journal Article
Povoledo, L. (2018). Pricing behavior and the role of trade openness in the transmission of monetary shocks. Journal of Macroeconomics, 57, 231-247. https://doi.org/10.1016/j.jmacro.2018.06.004

© 2018 The empirical evidence on the role of trade openness in the monetary transmission is not conclusive: some studies find that it increases the sensitivity of output to monetary shocks, others find that it does not. Using a New Keynesian open eco... Read More about Pricing behavior and the role of trade openness in the transmission of monetary shocks.