The proposition that under a floating exchange rate regime restrictive monetary policy can lead to substantial 'overshooting ' of the nominal and real exchange rate is now accepted fairly widely. The fundamental reason is the presence of nominal stickiness or inertia in domestic factor and product market
Monetary policy in small open economies is typically cast as a choice between an exchange rate ancho...
Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macro...
Monetary models with nominal rigidities are known to have difficulties in matching some important fe...
The proposition that under a floating exchange rate regime restrictive monetary policy can lead to s...
Transition to floating exchange rate regimes has led to sharp increases in nominal and real exchange...
This paper examines the use of the nominal exchange rate in achieving disinflation under managed exc...
The paper shows first that real exchange rate appreciation typically reduces, but may increase, the ...
This paper develops a system of equations from a model that combines an intertemporal approach with ...
This paper discusses the use of nominal exchange rates as nominal anchors in stabilization programs....
We develop an open economy macroeconomic model with real capital accumulation and microeconomic foun...
It is often suggested that fixing nominal exchange rates unduly inhibits the efficient adjustment of...
This paper presents a model of an economy that uses nominal exchange rate policy to keep the real ex...
Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macro...
This is the author accepted manuscript. The final version is available from Elsevier via the DOI in ...
Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macro...
Monetary policy in small open economies is typically cast as a choice between an exchange rate ancho...
Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macro...
Monetary models with nominal rigidities are known to have difficulties in matching some important fe...
The proposition that under a floating exchange rate regime restrictive monetary policy can lead to s...
Transition to floating exchange rate regimes has led to sharp increases in nominal and real exchange...
This paper examines the use of the nominal exchange rate in achieving disinflation under managed exc...
The paper shows first that real exchange rate appreciation typically reduces, but may increase, the ...
This paper develops a system of equations from a model that combines an intertemporal approach with ...
This paper discusses the use of nominal exchange rates as nominal anchors in stabilization programs....
We develop an open economy macroeconomic model with real capital accumulation and microeconomic foun...
It is often suggested that fixing nominal exchange rates unduly inhibits the efficient adjustment of...
This paper presents a model of an economy that uses nominal exchange rate policy to keep the real ex...
Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macro...
This is the author accepted manuscript. The final version is available from Elsevier via the DOI in ...
Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macro...
Monetary policy in small open economies is typically cast as a choice between an exchange rate ancho...
Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macro...
Monetary models with nominal rigidities are known to have difficulties in matching some important fe...
DOI
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