The Exchange Rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: a Quantitative Investigation

R. Kollman
Authors registered in the RePEc Author Service: Robert Kollmann ()

Cahiers de recherche from Universite de Montreal, Departement de sciences economiques

Abstract: This paper studies a dynamic-optimizing model of a semi-small open economy with sticky nominal prices and wages. the model exhibits exchange rate overshooting in response to money supply shocks. the predicted variability of nominal and real exchange rates is roughly consistent with that of G7 effective exchange rates during the post-Bretton Woods era.

JEL-codes: E30 E32 F30 F31 (search for similar items in EconPapers)
Pages: 52 pages
Date: 1996
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Citations: View citations in EconPapers (44)

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http://hdl.handle.net/1866/2059 (application/pdf)

Related works:
Working Paper: The Exchange Rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: A Quantitative Investigation (1997)
Working Paper: The Exchange Rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: A Quantitative Investigation (1996)
Working Paper: The Exchange rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: A Quantitative Investigation (1996)
Working Paper: The Exchange rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: A Quantitative Investigation (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:mtl:montde:9614

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