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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Zettelmeyer, Jeromin
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2000.
Sarja:IMF Working Papers; Working Paper ; No. 2000/141
Linkit:Full text available on IMF