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Optimal monetary and exchange rate policy in the open economy

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Chapter 5 in Optimal Monetary Policy under Uncertainty, Second Edition, 2019, pp 77-99 from Edward Elgar Publishing

Abstract: Chapter 5 carries the analysis of previous chapters to the context of open-economy models. The choice of optimal monetary policies is shown to be interdependent with the choice of an exchange rate regime. Models differentiated by the degree of capital mobility, perfect or imperfect, are considered.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2019
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