Karim, Md. Shahnawaz; Lee, Minsoo; Gan, Christopher - In: Journal of Economic Policy Reform 10 (2007) 3, pp. 241-260
This paper examines the exchange rate effects of monetary policy shocks in New Zealand in the framework of the international monetary transmission mechanism. The model variables are suggested by a hybrid New Open Economy Macroeconomic (NOEM) model. Our empirical analysis indicates plausible...
