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The role of intervention policy in open economy financial policy: a macroeconomic perspective

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  • Dale W. Henderson

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  • Dale W. Henderson, 1982. "The role of intervention policy in open economy financial policy: a macroeconomic perspective," International Finance Discussion Papers 202, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgif:202
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    File URL: http://www.federalreserve.gov/pubs/ifdp/1982/202/ifdp202.pdf
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    References listed on IDEAS

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    1. Kalchbrenner, J. H. & Tinsley, P. A. & Berry, J. & Garrett, B., 1977. "On filtering auxiliary information in short-run monetary policy," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 7(1), pages 39-84, January.
    2. Hansen, Lars Peter & Hodrick, Robert J, 1980. "Forward Exchange Rates as Optimal Predictors of Future Spot Rates: An Econometric Analysis," Journal of Political Economy, University of Chicago Press, vol. 88(5), pages 829-853, October.
    3. Henderson, Dale W, 1979. "Financial Policies in Open Economies," American Economic Review, American Economic Association, vol. 69(2), pages 232-239, May.
    4. William Poole, 1969. "Optimal choice of monetary policy instruments in a simple stochastic macro model," Special Studies Papers 2, Board of Governors of the Federal Reserve System (U.S.).
    5. Tinsley, P. A. & Spindt, P. A. & Friar, M. E., 1980. "Indicator and filter attributes of monetary aggregates : A nit-picking case for disaggregation," Journal of Econometrics, Elsevier, vol. 14(1), pages 61-91, September.
    6. Henderson, Dale W., 1980. "Analyzing arrangements for reducing exchange-rate variability : A comment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 13(1), pages 223-237, January.
    7. Matthew B. Canzoneri, 1980. "Wealth effects in the new neoclassical models," International Finance Discussion Papers 158, Board of Governors of the Federal Reserve System (U.S.).
    8. Kaminow, Ira P., 1979. "Economic stability under fixed and flexible exchange rates," Journal of International Economics, Elsevier, vol. 9(2), pages 277-285, May.
    9. Jeffrey A. Frankel, 1979. "A test of the existence of the risk premium in the foreign exchange market vs. the hypothesis of perfect substitutability," International Finance Discussion Papers 149, Board of Governors of the Federal Reserve System (U.S.).
    10. Matthew B. Canzoneri & Dale W. Henderson & Kenneth S. Rogoff, 1983. "The Information Content of the Interest Rate and Optimal Monetary Policy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(4), pages 545-566.
    11. Richard Meese & Kenneth J. Singleton, 1980. "Rational expectations, risk premia, and the market for spot and forward exchange," International Finance Discussion Papers 165, Board of Governors of the Federal Reserve System (U.S.).
    12. Jo Anna Gray & Henry C. Wallich, 1979. "Stabilization policy and vicious and virtuous circles," International Finance Discussion Papers 152, Board of Governors of the Federal Reserve System (U.S.).
    13. Kareken, John H & Muench, Thomas & Wallace, Neil, 1973. "Optimal Open Market Strategy: The Use of Information Variables," American Economic Review, American Economic Association, vol. 63(1), pages 156-172, March.
    14. Boyer, Russell S, 1978. "Optimal Foreign Exchange Market Intervention," Journal of Political Economy, University of Chicago Press, vol. 86(6), pages 1045-1055, December.
    15. Thomas J. Sargent, 1973. "Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(2), pages 429-480.
    16. Parkin, Michael, 1978. "A Comparison of Alternative Techniques of Monetary Control under Rational Expectations," The Manchester School of Economic & Social Studies, University of Manchester, vol. 46(3), pages 252-287, September.
    17. Meltzer, Allan H., 1978. "The conduct of monetary policy under current monetary arrangements," Journal of Monetary Economics, Elsevier, vol. 4(2), pages 371-388, April.
    18. Don E. Roper & Stephen J. Turnovsky, 1980. "Optimal Exchange Market Intervention in a Simple Stochastic Macro Model," Canadian Journal of Economics, Canadian Economics Association, vol. 13(2), pages 296-309, May.
    19. William Poole, 1970. "Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(2), pages 197-216.
    20. Jurg Niehans, 1968. "Monetary and Fiscal Policies in Open Economies under Fixed Exchange Rates: An Optimizing Approach," Journal of Political Economy, University of Chicago Press, vol. 76(4), pages 893-893.
    21. Turnovsky, Stephen J, 1976. "The Relative Stability of Alternative Exchange Rate Systems in the Presence of Random Disturbances," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 8(1), pages 29-50, February.
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