Replication package for "Exchange Rate Policy and Heterogeneity in Small Open Economies"

Jupyter notebooks with code that solves the model and replicates figures.

Mendeley Data2024-01-31 更新80

Monetary Policy and Exchange Rate Volatility in a Small Open Economy

We lay out a small open economy version of the Calvo sticky price model, and show how the equilibrium dynamics can be reduced to a tractable canonical system in domestic inflation and the output gap.

NBER2002-04-01 更新50

Optimal Interest Rate Policy in a Small Open Economy

Using an optimizing model we derive the optimal monetary and exchange rate policy for a small stochastic open economy with imperfect competition and short run price rigidity. The optimal monetary poli

NBER2002-01-01 更新30