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This document presents a calibrated two country model analyzing the macroeconomic consequences of the dollar\'s dominance in the international monetary system, discussing various shocks and their
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NBER Working Paper 14242 is a research paper published by the National Bureau of Economic Research that addresses specific economic issues and findings.
Researchers and economists who have conducted studies relevant to the topics covered in NBER Working Paper 14242 may be required or encouraged to file it.
To fill out NBER Working Paper 14242, one must provide detailed information regarding the research conducted, methodology used, data sources, and findings following the specified guidelines.
The purpose of NBER Working Paper 14242 is to disseminate new research findings to the academic community and policymakers to inform and contribute to the field of economics.
NBER Working Paper 14242 must report information including the title of the paper, authors' names, abstract, methodology, key findings, and references to prior research.
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