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Monetary shocks and real exchange rates

โœ Scribed by John H. Rogers


Book ID
117140478
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
259 KB
Volume
49
Category
Article
ISSN
0022-1996

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โœ Shiu-Sheng Chen ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 111 KB

## Abstract In this paper, I first estimate a structural VAR model by following Clarida and Gali (1994) and obtain results indicating that the variance of real exchange rates can be attributed more to monetary shocks when the sample span is extended. In order to further investigate this aspect, I t