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Monetary Policy in the Open Economy : What Role for Exchange Rates? by Andrej Sokol (2011, Trade Paperback)

About this product

About this product

Product Information

This work investigates the relationship between exchange rates and the decision making process that we currently call monetary policy, i.e. a central bank s problem of setting the short-term interest rate in order to achieve some basic macroeconomic goals, asking whether in addition to the traditional goals of monetary policy, namely price stability and business cycle stabilization, the exchange rate should not be included as a further objective of monetary policy in theoretical models and policy discussions. Based on an econometric study of the behaviour of the Federal Reserve from 1979 to 2007, as well as on theoretical arguments from the macroeconomic as well as from the policy literature, it concludes that there is indeed scope for the inclusion of excahnge rates in monetary policy analyses and decisions.

Product Identifiers

Publisher
LAP Gmbh & Company KG
ISBN-10
3844385622
ISBN-13
9783844385625
eBay Product ID (ePID)
121447757

Product Key Features

Book Title
Monetary Policy in the Open Economy : What Role for Exchange Rates?
Author
Andrej Sokol
Format
Trade Paperback
Language
English
Topic
Foreign Exchange, International / General, Money & Monetary Policy
Publication Year
2011
Genre
Business & Economics
Number of Pages
116 Pages

Dimensions

Item Length
9in
Item Height
0.3in
Item Width
6in
Item Weight
6.4 Oz

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