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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Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2003.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2003/025 |
Accés en línia: | Full text available on IMF |