Thursday, January 19, 2012

Krugman viết về Michael Mussa.

Krugman viết về Michael Mussa.:
Krugman viết về Michael Mussa.

January 18, 2012, 8:45 am

Michael Mussa died yesterday. I didn’t know him well, but like everyone in international economics, I was greatly informed by his work.
Probably his most influential paper — certainly the one that had the biggest impact on me — was his 1986 paper (pdf) on currency regimes and the behavior of real exchange rates. This bore on the question of whether exchange rate changes make adjustments in relative costs and prices easier; it bore more broadly on the question of whe...

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