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...

Полное описание

Библиографические подробности
Главный автор: Adler, Gustavo
Другие авторы: Lama, Ruy, Medina, Juan
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2017.
Серии:IMF Working Papers; Working Paper ; No. 2017/237
Online-ссылка:Full text available on IMF