Monetary Policy and the Predictability of Nominal Exchange Rates
收藏NBER2017-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w23158
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资源简介:
This paper studies how the monetary policy regime affects the relative importance of nominal exchange rates and inflation rates in shaping the response of real exchange rates to shocks. We document two facts about inflation-targeting countries. First, the current real exchange rate predicts future
提供机构:
美国国家经济研究局
创建时间:
2017-02-01



