The Impact of Monetary Policyon the Exchange Rate : Evidence From Three Small Open Economies /

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 contractiona...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Zettelmeyer, Jeromin
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2000.
سلاسل:IMF Working Papers; Working Paper ; No. 2000/141
الوصول للمادة أونلاين:Full text available on IMF