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Exchange Rates and the International Monetary Fund

✍ Scribed by Camille Gutt


Book ID
124903935
Publisher
MIT Press
Year
1948
Tongue
English
Weight
321 KB
Volume
30
Category
Article
ISSN
0034-6535

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New international monetary arrangements
✍ Tommaso Monacelli 📂 Article 📅 2001 🏛 John Wiley and Sons 🌐 English ⚖ 470 KB

## Abstract I show how to implement in a simple manner the comparison of alternative monetary policy rules in a two‐country model of the new generation. These rules are: Full Price Stability, Taylor, Fixed and Managed Exchange Rates. I find, first, that the exchange rate dynamic is non‐stationary u