Current Account Dynamics and Monetary Policy
收藏数据链接:
官方服务:
资源简介:
We explore the implications of current account adjustment for monetary policy within a simple two-country DSGE model. Our framework nests Obstfeld and Rogoff's (2005) static model of exchange rate responsiveness to current account reversals. It extends this approach by endogenizing the dynamic
提供机构:
美国国家经济研究局创建时间:
2008-04-01



