Keywords: Strong hysteresis
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Journal Articles
Journal of Economic Studies (2013) 40 (4): 528–548.
Published: 30 August 2013
... in international trade (Roberts and Tybout, 1997 ; Bernard and Jensen, 2004 ; Campa, 2004). Given the growing interest in exchange rate behavior in economic policy debates, this article aims to reformulate the tests for macro‐hysteresis using Preisach's (1938) concept of strong hysteresis. Using...

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