Unconventional Policies and Exchange Rate Dynamics /

We study exchange rate dynamics under cooperative and self-oriented policies in a two-country DSGE model with unconventional monetary and exchange rate policies. The cooperative solution features a large exchange rate adjustment that cushions the impact of negative shocks and a moderate use of uncon...

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Détails bibliographiques
Auteur principal: Adler, Gustavo
Autres auteurs: Lama, Ruy, Medina, Juan
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2017.
Collection:IMF Working Papers; Working Paper ; No. 2017/237
Accès en ligne:Full text available on IMF