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...

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Tác giả chính: Zettelmeyer, Jeromin
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2000.
Loạt:IMF Working Papers; Working Paper ; No. 2000/141
Truy cập trực tuyến:Full text available on IMF