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Towards a loanable funds/amended-liquidity preference theory of the exchange rate and interest rate

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  • Miller, Norman C.

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  • Miller, Norman C., 1995. "Towards a loanable funds/amended-liquidity preference theory of the exchange rate and interest rate," Journal of International Money and Finance, Elsevier, vol. 14(2), pages 225-245, April.
    • Handle: RePEc:eee:jimfin:v:14:y:1995:i:2:p:225-245
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    References listed on IDEAS

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    1. Stockman, Alan C, 1980. "A Theory of Exchange Rate Determination," Journal of Political Economy, University of Chicago Press, vol. 88(4), pages 673-698, August.
    2. Levin, Jay H., 1986. "Trade flow lags, monetary and fiscal policy, and exchange-rate overshooting," Journal of International Money and Finance, Elsevier, vol. 5(4), pages 485-495, December.
    3. Melvin, Michael, 1983. "The Vanishing Liquidity Effect of Money on Interest: Analysis and Implications for Policy," Economic Inquiry, Western Economic Association International, vol. 21(2), pages 188-202, April.
    4. Kohn, Meir, 1981. "A Loanable Funds Theory of Unemployment and Monetary Disequilibrium," American Economic Review, American Economic Association, vol. 71(5), pages 859-879, December.
    5. Lucas, Robert Jr., 1982. "Interest rates and currency prices in a two-country world," Journal of Monetary Economics, Elsevier, vol. 10(3), pages 335-359.
    6. Fair, Ray C, 1982. "Estimated Output, Price, Interest Rate, and Exchange Rate Linkages among Countries," Journal of Political Economy, University of Chicago Press, vol. 90(3), pages 507-535, June.
    7. Lastrapes, William D, 1992. "Sources of Fluctuations in Real and Nominal Exchange Rates," The Review of Economics and Statistics, MIT Press, vol. 74(3), pages 530-539, August.
    8. Bhandari, Jagdeep S, 1981. "Exchange Rate Overshooting Revisited," The Manchester School of Economic & Social Studies, University of Manchester, vol. 49(2), pages 165-172, June.
    9. repec:bla:scandj:v:91:y:1989:i:2:p:401-32 is not listed on IDEAS
    10. Chen, Chau-Nan & Lai, Ching-Chong & Tsaur, Tien-Wang, 1988. "The loanable funds theory and the dynamics of exchange rates: The Mundell model revisited," Journal of International Money and Finance, Elsevier, vol. 7(2), pages 221-229, June.
    11. Dornbusch, Rudiger, 1976. "Expectations and Exchange Rate Dynamics," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1161-1176, December.
    12. repec:bla:jfinan:v:43:y:1988:i:4:p:933-48 is not listed on IDEAS
    13. Ferguson, J David & Hart, William R, 1980. "Liquidity Preference or Loanable Funds: Interest Rate Determination in Market Disequilibrium," Oxford Economic Papers, Oxford University Press, vol. 32(1), pages 57-70, March.
    14. Miller, Norman C., 1986. "The structure of open economy macro-models," Journal of International Money and Finance, Elsevier, vol. 5(1), pages 75-89, March.
    15. Frenkel, Jacob A. & Rodriguez, Carlos A., 1980. "Exchange Rate Dynamics and Overshooting Hypothesis," Foerder Institute for Economic Research Working Papers 275323, Tel-Aviv University > Foerder Institute for Economic Research.
    16. Stokes, Houston H & Neuburger, Hugh, 1979. "The Effect of Monetary Changes on Interest Rates: A Box-Jenkins Approach," The Review of Economics and Statistics, MIT Press, vol. 61(4), pages 534-548, November.
    17. Pippenger, John, 1982. "Monetary Policy, Homeostasis, and the Transmission Mechanism," American Economic Review, American Economic Association, vol. 72(3), pages 545-554, June.
    18. Meese, R. & Rogoff, K., 1988. "Was It Real? The Exchange Rate-Interest Differential Ralation Over The Modern Floating-Rate Period," Working papers 368, Wisconsin Madison - Social Systems.
    19. Smith, Peter R, 1980. "Liquidity Preference versus Loanable Funds: A Brief Revival," Australian Economic Papers, Wiley Blackwell, vol. 19(34), pages 215-218, June.
    20. McGregor, Peter G, 1988. "The Demand for Money in a Period Analysis Context, the Irrelevance of the "Choice of Market" and the Loanable Funds-Liquidity Preference Debate," Australian Economic Papers, Wiley Blackwell, vol. 27(50), pages 136-141, June.
    21. Chang, Chen Fu, 1976. "Liquidity Preference and Loanable Funds Theories: A Synthesis," Australian Economic Papers, Wiley Blackwell, vol. 15(27), pages 302-307, December.
    22. Meese, Richard, 1990. "Currency Fluctuations in the Post-Bretton Woods Era," Journal of Economic Perspectives, American Economic Association, vol. 4(1), pages 117-134, Winter.
    23. Bain, A D & McGregor, Peter G, 1985. "Buffer-Stock Monetarism and the Theory of Financial Buffers," The Manchester School of Economic & Social Studies, University of Manchester, vol. 53(4), pages 385-403, December.
    24. Fuhrer, Jeffrey C & Weiller, Kenneth J, 1991. "A Multivariate Posterior Odds Approach to Assessing Competing Exchange Rate Models," The Review of Economics and Statistics, MIT Press, vol. 73(1), pages 113-124, February.
    25. Froot, Kenneth A & Thaler, Richard H, 1990. "Foreign Exchange," Journal of Economic Perspectives, American Economic Association, vol. 4(3), pages 179-192, Summer.
    26. Miller, Norman C., 1992. "Cash-in-advance, buffer-stock monetarism, and the loanable funds-liquidity preference debate in an open economy," Journal of Macroeconomics, Elsevier, vol. 14(3), pages 487-507.
    27. Karacaoglu, Girol, 1985. "Liquidity preference, loanable funds, and exchange-rate and interest-rate dynamics," Journal of Macroeconomics, Elsevier, vol. 7(1), pages 69-83.
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