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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其他作者: | , |
格式: | 雜誌 |
語言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2017.
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叢編: | IMF Working Papers; Working Paper ;
No. 2017/237 |
在線閱讀: | Full text available on IMF |