{"id":"https://openalex.org/W2252594087","doi":null,"title":"Why Is the Business-Cycle Behavior of Fundamentals Alike Across Exchange-Rate Regimes?","display_name":"Why Is the Business-Cycle Behavior of Fundamentals Alike Across Exchange-Rate Regimes?","publication_year":2001,"publication_date":"2001-10-01","ids":{"openalex":"https://openalex.org/W2252594087","mag":"2252594087"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:bdi:wptemi:td_411_01","doi":null,"is_oa":false,"landing_page_url":"http://www.bancaditalia.it/pubblicazioni/temi-discussione/2001/2001-0411/tema_411_01.pdf","pdf_url":"http://www.bancaditalia.it/pubblicazioni/temi-discussione/2001/2001-0411/tema_411_01.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5057019986","display_name":"Luca Dedola B","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Luca Dedola","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":null,"display_name":"Sylvain Leduc","orcid":"https://orcid.org/0000-0002-6923-7650","observed_orcids":["https://orcid.org/0000-0002-6923-7650"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Sylvain Leduc","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-6923-7650","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":26,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.7842000126838684,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.7842000126838684,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.20579999685287476,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.0027000000700354576,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/business-cycles","display_name":"business cycles","score":0.6190000176429749},{"id":"https://openalex.org/keywords/exchange-rate-regimes","display_name":"exchange rate regimes","score":0.7630000114440918},{"id":"https://openalex.org/keywords/floating-exchange-rates","display_name":"exchange rate fluctuations","score":0.9279999732971191},{"id":"https://openalex.org/keywords/real-exchange-rate-volatility","display_name":"real exchange rate volatility","score":0.8579999804496765},{"id":"https://openalex.org/keywords/nominal-rigidities","display_name":"nominal rigidities","score":0.7699999809265137},{"id":"https://openalex.org/keywords/two-country-two-sector-model","display_name":"two-country two-sector model","score":0.7509999871253967},{"id":"https://openalex.org/keywords/bretton-woods-system","display_name":"Bretton Woods system","score":0.9330000281333923}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7708474397659302},{"id":"https://openalex.org/C83873408","wikidata":"https://www.wikidata.org/wiki/Q192311","display_name":"Business cycle","level":2,"score":0.7277981042861938},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.6706382036209106},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6280195713043213},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.3536463975906372},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.311053991317749}],"mesh":[],"locations_count":6,"locations":[{"id":"pmh:oai:RePEc:bdi:wptemi:td_411_01","doi":null,"is_oa":false,"landing_page_url":"http://www.bancaditalia.it/pubblicazioni/temi-discussione/2001/2001-0411/tema_411_01.pdf","pdf_url":"http://www.bancaditalia.it/pubblicazioni/temi-discussione/2001/2001-0411/tema_411_01.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:onb:oenbwp:53","doi":null,"is_oa":false,"landing_page_url":"https://www.oenb.at/dam/jcr:4ab70b8a-4173-460d-8291-4fa1069b09d4/wp53_tcm16-6140.pdf","pdf_url":"https://www.oenb.at/dam/jcr:4ab70b8a-4173-460d-8291-4fa1069b09d4/wp53_tcm16-6140.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.199.6557","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.199.6557","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://fmwww.bc.edu/RePEc/es2000/1843.pdf","raw_type":"text"},{"id":"mag:2252594087","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/paper/onboenbwp/53.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:hdl:10068/299195","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10068/299195","pdf_url":null,"source":{"id":"https://openalex.org/S4377196900","display_name":"OpenGrey (Institut de l'Information Scientifique et Technique)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1295345811","host_organization_name":"Institut de l'Information Scientifique et Technique","host_organization_lineage":["https://openalex.org/I1295345811"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Y - Progress report"},{"id":"pmh:oai:econstor.eu:10419/264645","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/264645","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":22,"referenced_works":["https://openalex.org/W1493130858","https://openalex.org/W1519111088","https://openalex.org/W1741204264","https://openalex.org/W1966082019","https://openalex.org/W1991063012","https://openalex.org/W1995278743","https://openalex.org/W1997076289","https://openalex.org/W2000383817","https://openalex.org/W2017177309","https://openalex.org/W2017809294","https://openalex.org/W2034049486","https://openalex.org/W2060513297","https://openalex.org/W2091174632","https://openalex.org/W2140898820","https://openalex.org/W2153225083","https://openalex.org/W2163202764","https://openalex.org/W2889712533","https://openalex.org/W2891485059","https://openalex.org/W3022712314","https://openalex.org/W3023652150","https://openalex.org/W3121143884","https://openalex.org/W3125881060"],"related_works":["https://openalex.org/W2020970147","https://openalex.org/W2475436540","https://openalex.org/W94599478","https://openalex.org/W1513998580","https://openalex.org/W1513477015","https://openalex.org/W2183627076","https://openalex.org/W1988044166","https://openalex.org/W1556538845","https://openalex.org/W333210397","https://openalex.org/W2095229160"],"abstract_inverted_index":{"Since":[0],"the":[1,22,56,79,91,98,105],"adoption":[2],"of":[3,24,58,93],"flexible":[4],"exchange":[5,8],"rates,":[6],"real":[7],"rates":[9],"have":[10,29],"been":[11],"much":[12],"more":[13],"volatile":[14],"than":[15],"they":[16],"were":[17],"under":[18],"Bretton":[19],"Woods.":[20],"However,":[21],"volatilities":[23],"most":[25],"other":[26],"macroeconomic":[27],"variables":[28],"remained":[30],"approximately":[31],"unchanged.":[32],"This":[33,43],"poses":[34],"a":[35,46],"puzzle":[36],"for":[37,104],"standard":[38],"international":[39,80],"business":[40],"cycle":[41],"models.":[42],"paper":[44],"develops":[45],"two-country,":[47],"two-sector":[48],"model":[49],"with":[50],"nominal":[51],"rigidities":[52],"featuring":[53],"deviations":[54],"from":[55],"law":[57],"one":[59],"price":[60],"due":[61],"to":[62,88,95,102],"firms":[63],"setting":[64],"prices":[65],"in":[66],"buyers'":[67],"currencies.":[68],"By":[69],"partially":[70],"insulating":[71],"goods":[72],"markets":[73],"across":[74],"countries":[75],"and":[76],"thus":[77],"mitigating":[78],"expenditure-switching":[81],"effect,":[82],"this":[83],"pricing":[84],"behavior":[85],"is":[86],"found":[87],"considerably":[89],"dampen":[90],"responses":[92],"quantities":[94],"shocks":[96],"hitting":[97],"economies":[99],"therefore":[100],"helping":[101],"account":[103],"puzzle.":[106]},"counts_by_year":[{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2013,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}