Is Bad News About Inflation Good News for the Exchange Rate?
收藏NBER2007-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13010
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资源简介：
We show in a simplebut robusttheoretical monetary exchange rate model that the sign of the covariance between an inflation surprise and the nominal exchange rate can tell us something about how monetary policy is conducted. Specifically, we show that 'bad news' about inflationthat it is higher than
提供机构：
美国国家经济研究局
创建时间：
2007-04-01
