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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Adler, Gustavo
Övriga upphovsmän: Lama, Ruy, Medina, Juan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2017.
Serie:IMF Working Papers; Working Paper ; No. 2017/237
Länkar:Full text available on IMF