## Abstract I show how to implement in a simple manner the comparison of alternative monetary policy rules in a twoโcountry 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 nonโstationary u
Macroeconomic fundamentals and the DM/$ exchange rate: Temporal instability and the monetary model
โ Scribed by Michael D. Goldberg; Roman Frydman
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 159 KB
- Volume
- 6
- Category
- Article
- ISSN
- 1076-9307
- DOI
- 10.1002/ijfe.166
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