Optimal Exchange Rate Policy
收藏NBER2023-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31933
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资源简介：
We develop a general policy analysis framework for an open economy that features nominal rigidities and financial frictions giving rise to endogenous PPP and UIP deviations. The efficient allocation can be implemented with monetary policy closing the output gap and FX interventions eliminating UIP
提供机构：
美国国家经济研究局
创建时间：
2023-12-01
