Japan and Korea are close countries in terms of economic interaction as well as geography. To quantify the impact of …

origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen …

This paper re-investigates the implications of monetary policy rules on changes in exchange rate, in a risk … monetary policy. I use consensus forecasts as a proxy for market expectations. The analysis on the Deutsche mark, Canadian … expectations of future monetary policy, Taylor rule fundamentals are able to forecast changes in the exchange rate, even over short …

This paper analyzes the stabilizing properties of alternative monetary policy regimes. In practice there is a choice … between two broad types of monetary policy regimes: a fixed exchange rate regime or a floating exchange rate regime. In this …, flexible price level targeting and output gap targeting. The paper also evaluates the actual choice of monetary policy regime …