|
|
|
|
| LEADER |
01721cas a2200241 a 4500 |
| 001 |
AALejournalIMF007804 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781451856170
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Zettelmeyer, Jeromin.
|
| 245 |
1 |
4 |
|a The Impact of Monetary Policyon the Exchange Rate :
|b Evidence From Three Small Open Economies /
|c Jeromin Zettelmeyer.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2000.
|
| 300 |
|
|
|a 1 online resource (45 pages)
|
| 490 |
1 |
|
|a IMF Working Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a This paper studies the impact effect of monetary policy shocks-identified by the reaction of three month market interest rates to policy announcements-on the exchange rate in Australia, Canada, and New Zealand during the 1990s. The main results are that (1) on average, a 100 basis point contractionary shock will appreciate the exchange rate by 2-3 percent on impact; (ii) seemingly 'perverse' reactions of the exchange rate to monetary policy are mainly attributable to reverse causality; (iii) in a few instances, there were true 'perverse' reactions of exchange rates to policy- generally, appreciations following expansionary shocks.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2000/141
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2000/141/001.2000.issue-141-en.xml
|z IMF e-Library
|