Laura Povoledo's Outputs (5)

Endogenous fluctuations and international business cycles (2022)
Journal Article

We introduce equilibrium indeterminacy into a two-country incomplete asset model with imperfect competition to analyze the role of self-fulfilling expectations or beliefs in explaining international business cycles. We find that, when self-fulfilling... Read More about Endogenous fluctuations and international business cycles.

Pricing behavior and the role of trade openness in the transmission of monetary shocks (2018)
Journal Article

© 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.

Modelling the sectoral allocation of labour in open economy models (2017)
Journal Article

© 2017 Canadian Economics Association Indivisible labour is not the only type of non-convexity affecting labour supply decisions. Another type of non-convexity arises in economies with sectors whenever individuals can work in only one sector at a tim... Read More about Modelling the sectoral allocation of labour in open economy models.

Can producer currency pricing models generate volatile real exchange rates? (2012)
Journal Article

If the elasticities of substitution between traded and nontraded and between Home and Foreign traded goods are sufficiently low, then the real exchange rate generated by a model with full producer currency pricing is as volatile as in the data. © 201... Read More about Can producer currency pricing models generate volatile real exchange rates?.

Does Asia’s choice of exchange rate regime affect Europe’s exposure to US shocks? (2011)
Journal Article

In this paper we use a stylised three-country model to analyse how the transmission of US shocks to Europe might be affected by Asia’s choice of exchange rate regime. We find that if Asia pegs her exchange rate to the dollar, the impact of US shocks... Read More about Does Asia’s choice of exchange rate regime affect Europe’s exposure to US shocks?.