Some Implications for Monetary Policy of Uncertain Exchange Rate Pass-Through /

The paper uses MULTIMOD to examine the implications of uncertain exchange rate pass-through for the conduct of monetary policy. From the policymaker's perspective, uncertainty about exchange rate pass-through implies uncertainty about policy multipliers and the impact of state variables on stab...

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Détails bibliographiques
Auteur principal: Hunt, Benjamin
Autres auteurs: Isard, Peter
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2003.
Collection:IMF Working Papers; Working Paper ; No. 2003/025
Accès en ligne:Full text available on IMF