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Title:Should monetary policy react to current account imbalances? Author(s):LEDUC, Sylvain; DEDOLA, Luca; CORSETTI, Giancarlo
Date:2009Type:Technical ReportSeries/Number:SED; Meeting Papers; 2009/1219Abstract:Should monetary policy be preoccupied with large current account imbalances and extremely volatile exchange rates? Using a standard open economy model of pricing-to-market with incomplete asset markets and nominal rigidities, ...
Date:2009Type:Technical ReportSeries/Number:SED; Meeting Papers; 2009/1219Abstract:Should monetary policy be preoccupied with large current account imbalances and extremely volatile exchange rates? Using a standard open economy model of pricing-to-market with incomplete asset markets and nominal rigidities, ...