Is Bad News about Inflation Good News for the Exchange Rate? And, If So, Can That Tell Us Anything about the Conduct of Monetary Policy?
Published Date
Copyright 2008
ISBN 978-0-226-09211-9
Published From Paper
-
Working Paper
We show in a simple—but robust—theoretical monetary exchange rate model that the sign of the covariance between an...
More from NBER
In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Retirement and Disability, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.
Cecilia Rouse, president of the Brookings Institution and a professor at Princeton University, who chaired the Council...
Background Materials:backgroundAthey, Susan, Undral Byambadalai, Vitor Hadad, Sanath Kumar Krishnamurthy, Weiwen Leung...
