Agarwal and Somaini study demand estimation in markets where consumers face latent choice constraints — situations where a consumer's effective choice set is determined not only by her preferences but …
Online FirstJournal of Money, Credit and BankingOnline 12 Nov 2025
This paper examines how the effects of rising U.S. interest rates on emerging market and developing economies (EMDEs) depend on the underlying source of the interest rate increase. Specifically, it …