Monetary Policy and Exchange Rate Dynamics in a Behavioral Open Economy Model
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Abstract
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Other versions of this item:
- Marcin Kolasa & Sahil Ravgotra & Pawel Zabczyk, 2022. "Monetary Policy and Exchange Rate Dynamics in a Behavioural Open Economy Model," School of Economics Discussion Papers 0722, School of Economics, University of Surrey.
Citations
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Cited by:
- Gerke, Rafael & Kienzler, Daniel & Scheer, Alexander, 2022. "On the macroeconomic effects of reinvestments in asset purchase programmes," Discussion Papers 47/2022, Deutsche Bundesbank.
- Erceg, Christopher J. & Kolasa, Marcin & Lindé, Jesper & Mumtaz, Haroon & Zabczyk, Pawel, 2024.
"Central Bank Exit Strategies: Domestic Transmission and International Spillovers,"
CEPR Discussion Papers
19087, C.E.P.R. Discussion Papers.
- Christopher Erceg & Marcin Kolasa & Jesper Lindé & Haroon Mumtaz & Pawel Zabczyk, 2024. "Central Bank Exit Strategies: Domestic Transmission and International Spillovers," Working Papers 978, Queen Mary University of London, School of Economics and Finance.
- Christopher J. Erceg & Marcin Kolasa & Jesper Lindé & Mr. Haroon Mumtaz & Pawel Zabczyk, 2024. "Central Bank Exit Strategies Domestic Transmission and International Spillovers," IMF Working Papers 2024/073, International Monetary Fund.
- Andrew Binning, 2024. "Calculating Government Consumption Multipliers in New Zealand Using an Estimated DSGE Model," Treasury Working Paper Series 24/01, New Zealand Treasury.
- Agustín Arias & Benjamín García & Ignacio Rojas, 2023. "Forward Guidance: Estimating a Behavioral DSGE Model with System Priors," Working Papers Central Bank of Chile 994, Central Bank of Chile.
- Yang Yang & Ren Zhang & Shuwei Zhang, 2024. "Deciphering Dollar Exchange Rates and Interest Parity," Working Papers 2024-04, Towson University, Department of Economics, revised Mar 2024.
More about this item
Keywords
Monetary Policy; Exchange Rates; Bounded Rationality; exchange rate dynamics; monetary policy transmission; monetary policy spillover; RE assumption; exchange rate expectation; Real interest rates; Real exchange rates; Interest rate parity; Foreign assets;All these keywords.
JEL classification:
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- E70 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - General
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- G40 - Financial Economics - - Behavioral Finance - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2022-07-25 (Central Banking)
- NEP-DGE-2022-07-25 (Dynamic General Equilibrium)
- NEP-MAC-2022-07-25 (Macroeconomics)
- NEP-MON-2022-07-25 (Monetary Economics)
- NEP-OPM-2022-07-25 (Open Economy Macroeconomics)
- NEP-UPT-2022-07-25 (Utility Models and Prospect Theory)
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