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个人简介
His paper coauthored with John Rogers, "How Wide is the Border?", empirically studies price dispersion across cities in different countries and finds that the extent of international failures of the law of one price is large. This paper initiated a long line of economic research investigating "the border effect" on international price dispersion. According to the Social Sciences Citation Index, the paper is in the top percentile of papers published in the top tier of economics journals. In Engel (1999), he finds that the vast majority of U.S. real exchange rate movements came from fluctuations in tradable good prices, contradicting the conventional views at that time that real exchange rate movements are mainly due to fluctuations in non-tradable good prices, and thus posing another empirical puzzle in the literature regarding the law of one price.
In Engel and West (2005), Engel and West propose a theorem explaining unpredictability of nominal exchange rate movements. This theorem is one of the first theoretical approaches in international economics to explaining why there are no solid regressors in the data for predicting nominal exchange rate movements in the short run.
In Engel and West (2005), Engel and West propose a theorem explaining unpredictability of nominal exchange rate movements. This theorem is one of the first theoretical approaches in international economics to explaining why there are no solid regressors in the data for predicting nominal exchange rate movements in the short run.
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SSRN Electronic Journal (2023): 103715-103715
EAER International Conference ProceedingsGlobal Economy in Turbulent Times: Challenges and Opportunities in Trade and Financeno. 3 (2022): 1095-1144
SSRN Electronic Journal (2022)
Journal of International Economics (2022): 103602-103602
Social Science Research Network (2021)
Digital Currency Economics and Policypp.55-78, (2020)
JOURNAL OF INTERNATIONAL MONEY AND FINANCE (2020): 102102
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