The Impact of Monetary Policyon the Bilateral Exchange Rate : Chile Versus the United States

Chile Versus the United States

The Impact of Monetary Policyon the Bilateral Exchange Rate : Chile Versus the United States
This paper examines the reaction of the bilateral Ch$/US$ exchange rate to monetary policy actions in Chile and the United States. The approach is to regress the change in the exchange rate following a policy announcement on changes in market interest rates in response to the same announcement. U.S. monetary policy actions that raise the READ MORE...

Publication date: April 2003
ISBN 9781451849264
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