Taylor Rules and the Deutschmark-Dollar Real Exchange Rate
收藏数据链接:
官方服务:
资源简介:
We explore the link between an interest rate rule for monetary policy and the behavior of the real exchange rate. The interest rate rule, in conjunction with some standard assumptions, implies that the deviation of the real exchange rate from its steady state depends on the present value of a
提供机构:
美国国家经济研究局创建时间:
2004-12-01



