Unconventional Policies and Exchange Rate Dynamics

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 unconventional policy instruments.... READ MORE...

Publication date: November 2017
ISBN 9781484324844
$18.00

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