This paper considers optimal monetary stabilization policy under flexible exchange rates in a model where exchange rate expectations are generated regressively. The analysis highlights the intimate relationship that exists between: (a) the direction of the optimal monetary feedback rule, (b) the amo
β¦ LIBER β¦
Optimal monetary and exchange rate policy with a two-tier exchange rate
β Scribed by Arthur Benavie; Richard Froyen
- Book ID
- 117320627
- Publisher
- Elsevier Science
- Year
- 1992
- Tongue
- English
- Weight
- 977 KB
- Volume
- 44
- Category
- Article
- ISSN
- 0148-6195
No coin nor oath required. For personal study only.
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