Current account and exchange rate behaviour under inflation targeting in a small open economy

Francisco Nadal De Simone

No G97/4, Reserve Bank of New Zealand Discussion Paper Series from Reserve Bank of New Zealand

Abstract: A model of a small open economy is used to analyse the behaviour of the current account and the real exchange rate in a regime of inflation targeting a la New Zealand. The steady state and the dynamic behaviour of the economy under various shocks are discussed.

JEL-codes: E13 E52 F41 (search for similar items in EconPapers)
Pages: 40p
Date: 1997-07
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbdps:1997/04

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