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Optimal sterilization policies in interdependent economies

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  • Daniels, Joseph

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  • Daniels, Joseph, 1997. "Optimal sterilization policies in interdependent economies," Journal of Economics and Business, Elsevier, vol. 49(1), pages 43-60, February.
    • Handle: RePEc:eee:jebusi:v:49:y:1997:i:1:p:43-60
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    1. Michael Bordo & Anna Schwartz, 1991. "What has foreign exchange market intervention since the Plaza Agreement accomplished?," Open Economies Review, Springer, vol. 2(1), pages 39-64, February.
    2. Natividad, Fidelina & Stone, Joe A., 1990. "A general equilibrium model of exchange market intervention with variable sterilization," Journal of International Economics, Elsevier, vol. 29(1-2), pages 133-145, August.
    3. Turnovsky, Stephen J., 1985. "Domestic and foreign disturbances in an optimizing model of exchange-rate determination," Journal of International Money and Finance, Elsevier, vol. 4(1), pages 151-171, March.
    4. Canzoneri, Matthew B., 1982. "Exchange intervention policy in a multiple country world," Journal of International Economics, Elsevier, vol. 13(3-4), pages 267-289, November.
    5. Dallas S. Batten & Mack Ott, 1984. "What can central banks do about the value of the dollar?," Review, Federal Reserve Bank of St. Louis, vol. 66(May), pages 16-26.
    6. Owen F. Humpage, 1994. "Institutional aspects of U.S. intervention," Economic Review, Federal Reserve Bank of Cleveland, vol. 30(Q I), pages 2-19.
    7. Boyer, Russell S, 1978. "Optimal Foreign Exchange Market Intervention," Journal of Political Economy, University of Chicago Press, vol. 86(6), pages 1045-1055, December.
    8. Jurgen Von Hagen, 1989. "Monetary targeting with exchange rate constraints: the Bundesbank in the 1980's," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 53-69.
    9. Branson, William H. & Henderson, Dale W., 1985. "The specification and influence of asset markets," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 2, chapter 15, pages 749-805, Elsevier.
    10. Lane, Timothy D., 1989. "Foreign exchange market intervention in interdependent economies: A case for capricious policy?," Journal of Macroeconomics, Elsevier, vol. 11(4), pages 513-531.
    11. Michael Jones, 1983. "International Liquidity: A Welfare Analysis," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(1), pages 1-23.
    12. Turnovsky, Stephen J & Basar, Tamer & d'Orey, Vasco, 1988. "Dynamic Strategic Monetary Policies and Coordination in Interdependent Economies," American Economic Review, American Economic Association, vol. 78(3), pages 341-361, June.
    13. Lane, Timothy D., 1990. "National sovereignty and international monetary order," Journal of International Economics, Elsevier, vol. 29(3-4), pages 351-368, November.
    14. Pasula, Kit, 1994. "Sterilization, ricardian equivalence and structural and reduced-form estimates of the offset coefficient," Journal of Macroeconomics, Elsevier, vol. 16(4), pages 683-699.
    15. Daniel Gros & Timothy Lane, 1992. "Monetary policy interaction within or without an exchange-rate arrangement," Open Economies Review, Springer, vol. 3(1), pages 61-82, February.
    16. Benavie, Arthur, 1983. "Achieving external and internal targets with exchange-rate and interest-rate intervention," Journal of International Money and Finance, Elsevier, vol. 2(1), pages 75-85, April.
    17. Herring, Richard J. & Marston, Richard C., 1977. "Sterilization policy: The trade-off between monetary autonomy and control over foreign exchange reserves," European Economic Review, Elsevier, vol. 10(3), pages 325-343.
    18. Marston, Richard C., 1980. "Cross country effects of sterilization, reserve currencies, and foreign exchange intervention," Journal of International Economics, Elsevier, vol. 10(1), pages 63-78, February.
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    Cited by:

    1. Kletzer, Kenneth & Spiegel, Mark M., 2004. "Sterilization costs and exchange rate targeting," Journal of International Money and Finance, Elsevier, vol. 23(6), pages 897-915, October.
    2. Joseph Daniels & David VanHoose, 2009. "Trade Openness, Capital Mobility, and the Sacrifice Ratio," Open Economies Review, Springer, vol. 20(4), pages 473-487, September.
    3. P. Daniels, Joseph, 2001. "Optimal Currency Basket Pegs for Developing and Emerging Economies," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 16, pages 128-145.
    4. Joseph Daniels & David VanHoose, 1998. "Two-Country Models of Monetary and Fiscal Policy: What Have We Learned? What More Can We Learn?," Open Economies Review, Springer, vol. 9(3), pages 265-284, July.

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