Exchange Rates and Macroeconomics Dynamics

factor�fiction �real�equilibrium�exchange�rate �acceding�countries �transition�countries �inv�gamma �exchange�rate�puzzles �open�economy�shocks �growth�rate�shock �shock�beta low�substitution�elasticity �average�misalignment �based�real�exchange�rates �wage�markup �real�exchange�rate�misalignments �exchange�rate�behaviour �preference�shock real�exchange�rate�appreciation �productivity�shock �monetary�model �equilibrium�real�exchange�rate �euro�area �new�long�run�equilibrium �core�inflation