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November 21, 2009 |
Globalization and Monetary Policy Institute
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The Globalization and Monetary Policy Institute
What's New
| 11/16 |
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Business Cycles and Remittances: Can the Beveridge-Nelson Decomposition Provide New Evidence? Institute Working Paper no. 40—This paper analyzes the business-cycle properties of remittances and output series for three pairs of countries: United States–Mexico, United States–El Salvador, and Germany–Turkey. |
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| 11/9 |
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International Economic Update: Positive Outlook Distorted by Downside Risks—While the economic outlook has generally improved, there remain some causes for concern. Early third quarter GDP shows some countries growing robustly, while there are still negative signs for others. Though some financial indicators show dramatic improvement, credit remains tight and most central banks have yet to unwind monetary stimulus. Signs of an economic recovery are out there, but they keep getting blurred by downside risks |
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| 10/14 |
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State-Dependent Pricing, Local-Currency
Pricing, and Exchange Rate Pass-Through, Institute Working Paper no. 39—This paper presents a two-country DSGE model with state-dependent pricing as in Dotsey, King, and Wolman (1999) in which firms price-discriminate across countries by setting prices in local currency. |
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A Model of International Cities: Implications for Real
Exchange Rates, Institute Working Paper no. 38—We develop a model of cities each inhabited by two agents, one specializing in manufacturing, the other in retail distribution. The distribution sector represents the physical transformation of all internationally traded goods from the factory gate to the final consumer. |
More "What's New" »
Director of the Institute
Mark A. Wynne
Senior Fellows
Marianne Baxter
W. Michael Cox
Mario Crucini
Michael B. Devereux
Charles Engel
Karen Lewis
Francis E. Warnock
Advisory Board
Charles Bean
Martin Feldstein
Heng Swee Keat
R. Glenn Hubbard
Otmar Issing
Finn Kydland
Guillermo Ortiz
Kenneth S. Rogoff
Masaaki Shirakawa
William White
Institute Research Economists
Simona E. Cociuba
Anthony Landry
Enrique Martinez-Garcia
Ananth Ramanarayanan
Jian Wang |
Advisory Board Chairman
John B. Taylor
Research Associates
Raphael Auer
Chikako Baba
Claudio Borio
Alessandro Calza
Andrew Filardo
Andreas Fischer
Marcel Fratzscher
Bill Gruben
Sophie Guilloux
Ping He
Erasmus Kersting
Enisse Kharroubi
Fabio Milani
Philippe Moutot
Shigenori Shiratsuka
Jens Søndergaard
Giovanni Vitale |
For more information, contact Mark Wynne at mark.a.wynne@dal.frb.org  .
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Seminars
- Alice Schoonbroodt. University of Southampton, visiting UT Austin
Dec. 3
- Martin Gervais, University of Southampton, visiting UT Austin
Dec. 4
- Eric Van Wincoop, University of Virginia
Dec. 18
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