R
Rudiger Dornbusch
Researcher at Massachusetts Institute of Technology
Publications - 316
Citations - 27647
Rudiger Dornbusch is an academic researcher from Massachusetts Institute of Technology. The author has contributed to research in topics: Exchange rate & Interest rate. The author has an hindex of 81, co-authored 316 publications receiving 27128 citations. Previous affiliations of Rudiger Dornbusch include National Bureau of Economic Research & University of Chicago.
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Expectations and Exchange Rate Dynamics
TL;DR: In this paper, the authors developed a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations, and showed that along that path a monetary expansion causes the exchange rate to depreciate.
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Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods -
TL;DR: In this article, a Ricardian trade and payments analysis in the case of a continuum of goods is presented, where tariffs and transport costs establish a range of commodities that are not traded, and the price-specie flow mechanism does or does not give rise to movements in relative cost and price levels.
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Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods
TL;DR: In this article, a Ricardian trade and payments analysis in the case of a continuum of goods is presented, where tariffs and transport costs establish a range of commodities that are not traded, and the price-specie flow mechanism does or does not give rise to movements in relative cost and price levels.
Posted Content
Exchange Rates and Prices
TL;DR: In this article, the adjustment of relative prices to exchange rate movements is explained in an industrial organization approach, where the extent of absolute and relative price adjustment is shown to depend on market integration, product substitutability, relative number of domestic and foreign firms, and the market structure.