Monetary policy and exchange rate pass-through
Board of Governors of the Federal Reserve System, 2001 - Business & Economics - 35 pages
What people are saying - Write a review
We haven't found any reviews in the usual places.
11 countries 3-month interbank rate 3-month Treasury bill aggregate demand Canada central bank consumer price index core inflation correlation of inflation country series source current inflation deviation of inflation domestic inflation dummy variable emphasis on inflation estimated pass-through coefficients exchange rate changes exchange rate depreciations exchange rate pass-through exchange rate trade F-test Federal Reserve System Finance Discussion Papers Greece Haver Real exchange industrial countries inflation and exchange inflation rate Inflation Targeting Regime interest rate International Finance Discussion Japan Jeremy Piger Jonathan H lagged adjustment long-run inflation coefficient long-run pass-through coefficients long-run response monetary authority monetary policy rule non-IT countries Non-robust standard errors Norway pass-through of exchange percent level POLICY AND EXCHANGE policy behavior policy regimes real exchange rate regressions response to inflation REX/FRB sample periods shock stabilizing inflation standard deviation fell Sweden Switzerland Treasury bill rate triplet United Kingdom values variability of inflation Zealand