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Monetary Policy in the Open Economy Revisited : Price Setting and Exchange Rate Flexibility
Devereux, Michael B. - 2007
This paper develops a welfare-based model of monetary policy in an open economy. We focus on the extent to which …
Persistent link: https://www.econbiz.de/10012729259
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A New Dilemma : Capital Controls and Monetary Policy in Sudden-Stop Economies
Devereux, Michael B. - 2016
monetary policy in an open economy with financial frictions, nominal rigidities, and sudden stops. We focus on a time …
Persistent link: https://www.econbiz.de/10012997254