In recent years, scientists have become more focused on the research, development, and integration of Heterogeneous Wireless Networks (HWN) platforms in order to both converge the existing telecom technology and to deliver multimedia services of high intrinsic and perceived Quality of Service...

The central bank's optimal objective function is analyzed in a small open economy model allowing for incomplete exchange rate pass-through. The results indicate that social welfare can only be marginally improved by including an explicit exchange-rate term in the delegated objective function,...

The performance of various monetary rules is investigated in an open economy with incomplete exchange rate pass-through. Implementing monetary policy through an exchange-rate augmented policy rule does not improve social welfare compared to using an optimized Taylor rule, irrespective of the...