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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Dettagli Bibliografici
Autore principale: Hunt, Benjamin
Altri autori: Isard, Peter
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2003.
Serie:IMF Working Papers; Working Paper ; No. 2003/025
Accesso online:Full text available on IMF