Simple monetary policy rules and exchange rate uncertainty

181 citations recorded by the source corpus.

Citations in the corpus

Monetary policy under uncertainty in an estimated model with labor market frictions (2008, unknown): “, Levin et al. (2005). We also demonstrated that the trade-off in terms of inflation and unemployment volatility facing the central bank are mainly driven by price markup shocks, and to some extent by technology and wage bargaining shocks. This trade-off is worsened significantly by the presence of ”
Modeling Sterilized Interventions and Balance Sheet Effects of Monetary Policy in a New-Keynesian Framework (2013, unknown): “…analyzed: financially vulnerable or dollarized economies (Morn and Winkelried 2005; Batini et al. 2007), uncertainty about the policy transmission (Leitemo and Sderstrm 2005), the role of policy credibility and expectations formation (Roger et al. 2009), or structural features such as high…”
Currency Misalignments and Optimal Monetary Policy: A Reexamination (2011, unknown): “When 1ν = , it follows from equations (26) and (27) that relative output levels are determined only by the terms of trade.”