Excess Capacity, Monopolistic Competition, and International Transmission of Monetary Disturbances
分析美国经济中的过剩产能和垄断竞争如何影响货币政策的国际传导，重点考察货币扰动的溢出效应，框架与开放经济宏观经济学类似。
Analyzes the excess capacity, monopolistic competition and international transmission of monetary policy disturbances in the United States. Sheds light on the international Impact of monetary policy; Emphasis on the spillover effects of monetary disturbances; Similarity of framework used with open economy macroeconomics.