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		| Alexander  Reffgen  | 
	
	
		| Department of Economics, Lund university | 
	
	
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		| Department of Economics | 
	
	
		| P.O. Box 7082 | 
	
	
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		| Lund,  22007 | 
	
	
		| Sweden | 
	
	
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		| alexander.reffgen@nek.lu.se | 
	
	
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		| www.nek.lu.se/nekare | 
	
	
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		JEL Areas: F3 : International Finance: General E0 : Macroeconomics and Monetary Economics: General |