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Real exchange rate overshooting and the output cost of bringing down inflation
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Cited by:
- Rudiger Dornbusch & Stanley Fischer, 1986.
"The Open Economy: Implications for Monetary and Fiscal Policy,"
NBER Chapters, in: The American Business Cycle: Continuity and Change, pages 459-516,
National Bureau of Economic Research, Inc.
- Rudiger Dornbusch & Stanley Fischer, 1984. "The Open Economy: Implications for Monetary and Fiscal Policy," NBER Working Papers 1422, National Bureau of Economic Research, Inc.
- Phornchanok Cumperayot, 2003. "Dusting off the Perception of Risk and Returns in FOREX Markets," CESifo Working Paper Series 904, CESifo.
- van der Ploeg, F., 1989.
"Monetary disinflation, fiscal expansion and the current account in an interdependent world,"
Other publications TiSEM
484a8e4e-6115-46fb-9a60-b, Tilburg University, School of Economics and Management.
- Van Der Ploeg, F., 1989. "Monetary Disinflation, Fiscal Expansion And The Current Account In An Interdependent World," Papers 8918, Tilburg - Center for Economic Research.
- van der Ploeg, F., 1989. "Monetary disinflation, fiscal expansion and the current account in an interdependent world," Discussion Paper 1989-18, Tilburg University, Center for Economic Research.
- van der Ploeg, Frederick, 1990. "Monetary Disinflation, Fiscal Expansion and the Current Account in an Interdependent World," CEPR Discussion Papers 366, C.E.P.R. Discussion Papers.
- van de Klundert, Theo & van der Ploeg, Frederick, 1989.
"Fiscal Policy and Finite Lives in Interdependent Economies with Real and Nominal Wage Rigidity,"
Oxford Economic Papers, Oxford University Press, vol. 41(3), pages 459-489, July.
- van der Klundert, T.C.M.J. & van der Ploeg, F., 1988. "Fiscal policy and finite lives in interdependent economies with real and nominal wage rigidity," Other publications TiSEM 284e0c5c-09a6-4a8e-82b6-b, Tilburg University, School of Economics and Management.
- van de Klundert, T.C.M.J. & van der Ploeg, F., 1990. "Fiscal policy and finite lives in interdependent economies with real and nominal wage rigidity," Other publications TiSEM fd2b36cc-0278-4a33-8169-8, Tilburg University, School of Economics and Management.
- van der Klundert, T.C.M.J. & van der Ploeg, F., 1988. "Fiscal policy and finite lives in interdependent economies with real and nominal wage rigidity," Discussion Paper 1988-1, Tilburg University, Center for Economic Research.
- Ambler, Steven & Cardia, Emanuela & Phaneuf, Louis, 1992.
"Contrats de salaire, croissance endogène et fluctuations,"
L'Actualité Economique, Société Canadienne de Science Economique, vol. 68(1), pages 175-204, mars et j.
- Ambler, S. & Cardia, E. & Phaneuf, L., 1991. "contracts de salaire, croissance endogene et fluctuations," Cahiers de recherche 9124, Universite de Montreal, Departement de sciences economiques.
- ambler, s. & cardia, e. & phaneuf, l., 1991. "contracts de salaire, croissance endogene et fluctuations," Cahiers de recherche 9124, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Batini, Nicoletta & Harrison, Richard & Millard, Stephen P., 2003.
"Monetary policy rules for an open economy,"
Journal of Economic Dynamics and Control, Elsevier, vol. 27(11-12), pages 2059-2094, September.
- Batini, Nicoletta & Harrison, Richard & Millard, Stephen P., 2003. "Monetary policy rules for an open economy," Journal of Economic Dynamics and Control, Elsevier, vol. 27(11), pages 2059-2094.
- Nicoletta Batini & Richard Harrison & Stephen Millard, 2001. "Monetary policy rules for an open economy," Proceedings, Federal Reserve Bank of San Francisco, issue Mar.
- Nicoletta Batini & Stephen P. Millard & Richard Harrison, 2000. "Monetary Policy Rules For An Open Economy," Computing in Economics and Finance 2000 361, Society for Computational Economics.
- Nicoletta Batini & Richard Harrison & Stephen P Millard, 2001. "Monetary policy rules for an open economy," Bank of England working papers 149, Bank of England.
- Gilles Oudiz & Jeffrey Sachs, 1984. "International Policy Coordination in Dynamic Macroeconomic Models," NBER Working Papers 1417, National Bureau of Economic Research, Inc.
- Oscar Bajo Rubio, 1998. "Monetary and Fiscal Policies in Dynamic Models of the Open Economy," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 9806, Departamento de Economía - Universidad Pública de Navarra.
- Obstfeld, Maurice & Stockman, Alan C., 1985.
"Exchange-rate dynamics,"
Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 2, chapter 18, pages 917-977,
Elsevier.
- Maurice Obstfeld & Alan C. Stockman, 1983. "Exchange-Rate Dynamics," NBER Working Papers 1230, National Bureau of Economic Research, Inc.
- Wohltmann, Hans-Werner, 2005. "Dynamische Effekte der Geld-und Fiskalpolitik in einem asymmetrischen Drei-Länder-Modell mit einer Währungsunion," Economics Working Papers 2005-19, Christian-Albrechts-University of Kiel, Department of Economics.
- Obstfeld, Maurice & Rogoff, Kenneth, 1984.
"Exchange Rate Dynamics with Sluggish Prices under Alternative Price-Adjustment Rules,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(1), pages 159-174, February.
- Maurice Obstfeld & Kenneth S. Rogoff, 1983. "Exchange rate dynamics with sluggish prices under alternative price- adjustment rules," International Finance Discussion Papers 223, Board of Governors of the Federal Reserve System (U.S.).
- Maurice Obstfeld & Kenneth Rogoff, 1983. "Exchange Rate Dynamics With Sluggish Prices Under Alternative Price-Adjustment Rules," NBER Working Papers 1173, National Bureau of Economic Research, Inc.
- Levine, Paul & Currie, David, 1985.
"Optimal feedback rules in an open economy macromodel with rational expectations,"
European Economic Review, Elsevier, vol. 27(2), pages 141-163, March.
- D. Currie & P. Levine, 1983. "Optimal Feedback Rules in an Open Economy Macromodel with Rational Expectations," Working Papers 102, Queen Mary University of London, School of Economics and Finance.
- Devereux, Michael & Purvis, Douglas D., 1984. "Fiscal Policy and the Real Exchange Rate Queen's Discussion Paper," Queen's Institute for Economic Research Discussion Papers 275199, Queen's University - Department of Economics.
- Villa Pierre, 1986. "Politique budgétaire est-elle inflationniste (la) ? du nouveau dans un vieux débat ?," CEPREMAP Working Papers (Couverture Orange) 8613, CEPREMAP.
- Grande, Giuseppe, 1997.
"Properties of the monetary conditions index,"
MPRA Paper
23515, University Library of Munich, Germany.
- Grande, G., 1997. "Properties of the Monetary Conditions Index," Papers 324, Banca Italia - Servizio di Studi.
- Willem H. Buiter & Marcus H. Miller, 1983. "Costs and Benefits of an Anti-Inflationary Policy: Questions and Issues," NBER Working Papers 1252, National Bureau of Economic Research, Inc.
- van de Klundert, Theo C N J & van der Ploeg, Frederick, 1987.
"Wage Rigidity and Capital Mobility in an Optimizing Model of a Small Open Economy,"
CEPR Discussion Papers
168, C.E.P.R. Discussion Papers.
- van de Klundert, T.C.M.J. & van der Ploeg, F., 1990. "Wage rigidity and capital mobility in an optimizing model of a small open economy," Other publications TiSEM 12c0a1c7-e2c3-4a01-a99b-3, Tilburg University, School of Economics and Management.
- van de Klundert, T.C.M.J. & van der Ploeg, F., 1989. "Wage rigidity and capital mobility in an optimizing model of a small open economy," Other publications TiSEM e4d40766-3400-44f7-b56c-2, Tilburg University, School of Economics and Management.
- van de Klundert, T.C.M.J. & van der Ploeg, F., 1987. "Wage rigidity and capital mobility in an optimizing model of a small open economy," Research Memorandum FEW 277, Tilburg University, School of Economics and Management.
- van de Klundert, T.C.M.J. & van der Ploeg, F., 1987. "Wage rigidity and capital mobility in an optimizing model of a small open economy," Other publications TiSEM a75dda7f-978d-4808-924b-4, Tilburg University, School of Economics and Management.
- Oscar Bajo-Rubio & Simón Sosvilla Rivero, 1993. "Teorías del tipo de cambio: una panorámica," Documentos de Trabajo del ICAE 9307, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
- Khumalo, Zitsile Zamantungwa & Eita, Joel Hinaunye & Choga, Ireen, 2020. "An Empirical Test of Real Exchange Rate Overshooting in Selected African Countries," MPRA Paper 101303, University Library of Munich, Germany.
- Willem H. Buiter, 1984.
"Policy evaluation and design for continuous time linear rational expectations models: some recent development,"
NBER Technical Working Papers
0034, National Bureau of Economic Research, Inc.
- Buiter, Willem H., 1984. "Policy Evaluation and Design for Continuous Time Linear Rational Expectations Models: Some Recent Developments," CEPR Discussion Papers 15, C.E.P.R. Discussion Papers.
- Stanley Fischer, 1984. "Real Balances, the Exchange Rate and Indexation: Real Variables in Disinflation," NBER Working Papers 1497, National Bureau of Economic Research, Inc.
- Goodhart, Charles, 1989. "The Conduct of Monetary Policy," Economic Journal, Royal Economic Society, vol. 99(396), pages 293-346, June.
- Eleni Iliopulos & Marcus Miller, 2006. "Can Using Interest Rates to Check Domestic Demand Raise the Strength of the Sterling in the Long Run?," Documents de recherche 06-13, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Chiarella, Carl, 1991. "The bifurcation of probability distributions in a non-linear rational expectations model of monetary economy," European Journal of Political Economy, Elsevier, vol. 7(1), pages 65-78, April.
- van der Ploeg, Frederick, 1993.
"Channels of international policy transmission,"
Journal of International Economics, Elsevier, vol. 34(3-4), pages 245-267, May.
- van der Ploeg, F., 1990. "Channels of international policy transmission," Discussion Paper 1990-59, Tilburg University, Center for Economic Research.
- van der Ploeg, Frederick, 1991. "Channels of International Policy Transmission," CEPR Discussion Papers 491, C.E.P.R. Discussion Papers.
- van der Ploeg, F., 1990. "Channels of international policy transmission," Other publications TiSEM 3aa9587b-edb7-4a13-9067-3, Tilburg University, School of Economics and Management.
- Van Der Ploeg, F., 1990. "Channels Of International Policy Transmission," Papers 9059, Tilburg - Center for Economic Research.
- Marcus H. Miller & John Williamson, 1991.
"The International Monetary System: An Analysis of Alternative Regimes,"
NBER Chapters, in: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, pages 279-302,
National Bureau of Economic Research, Inc.
- Miller, Marcus H. & Williamson, John, 1988. "The international monetary system : An analysis of alternative regimes," European Economic Review, Elsevier, vol. 32(5), pages 1031-1048, June.
- Miller, Marcus & Williamson, John, 1988. "The International Monetary System: An Analysis of Alternative Regimes," CEPR Discussion Papers 266, C.E.P.R. Discussion Papers.
- Jacob A. Frenkel & Morris Goldstein & Paul R. Masson, 2017.
"The Rationale for, and Effects of, International Economic Policy Coordination,"
World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 7, pages 241-298,
World Scientific Publishing Co. Pte. Ltd..
- Jacob Frenkel & Morris Goldstein & Paul Masson, 1990. "The Rationale for, and Effects of, International Economic Policy Coordination," NBER Chapters, in: International Policy Coordination and Exchange Rate Fluctuations, pages 9-62, National Bureau of Economic Research, Inc.
- Michael Mussa, 1985. "The Real Exchange Rate as a Tool of Commercial Policy," NBER Working Papers 1577, National Bureau of Economic Research, Inc.
- Özge Senay, "undated". "Disinflation Dynamics in an Open Economy General Equilibrium Model," Discussion Papers 98/15, Department of Economics, University of York.
- Volker Clausen & Hans-Werner Wohltmann, 2011. "Oil Price Shocks and Cyclical Dynamics in an Asymmetric Monetary Union," Ruhr Economic Papers 0247, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Dornbusch, Rudiger & Frankel, Jeffrey, 1988. "The Flexible Exchange Rate System: Experience and Alternatives," Department of Economics, Working Paper Series qt5ct1w459, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Jeffrey A. Frankel, 1983. "The Desirability of a Dollar Appreciation, Given a Contractionary U.S. Monetary Policy," NBER Working Papers 1110, National Bureau of Economic Research, Inc.
- Willem H. Buiter & Marcus Miller, 1983. "Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation: Some Further Results," NBER Chapters, in: Exchange Rates and International Macroeconomics, pages 317-368, National Bureau of Economic Research, Inc.
- Clausen, Volker & Wohltmann, Hans-Werner, 2005.
"Monetary and fiscal policy dynamics in an asymmetric monetary union,"
Journal of International Money and Finance, Elsevier, vol. 24(1), pages 139-167, February.
- Clausen, Volker & Wohltmann, Hans-Werner, 2002. "Monetary and fiscal policy dynamics in an asymmetric monetary union," IBES Diskussionsbeiträge 119, University of Duisburg-Essen, Institute of Business and Economic Studie (IBES).
- Volker Clausen & Hans-Werner Wohltmann, 2002. "Monetary and Fiscal Policy Dynamics in an Asymmetric Monetary Union," Macroeconomics 0201001, University Library of Munich, Germany.
- Luke Gower & Alan Krause, 2002. "Currency Crises and Macroeconomic Performance," RBA Research Discussion Papers rdp2002-08, Reserve Bank of Australia.
- Clausen, Volker & Wohltmann, Hans-Werner, 2005. "Monetary and Fiscal Policy in a Large Asymmetric Monetary Union - A Dynamic Three-Country Analysis," Economics Working Papers 2005-18, Christian-Albrechts-University of Kiel, Department of Economics.
- David W.R. Gruen, 1991. "The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows," RBA Research Discussion Papers rdp9101, Reserve Bank of Australia.
- Miller, Marcus H, 1985.
"Monetary Stabilization Policy in an Open Economy,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 32(3), pages 220-233, November.
- Marcus Miller, 1985. "Monetary stabilization policy in an open economy," International Finance Discussion Papers 262, Board of Governors of the Federal Reserve System (U.S.).
- Yamin Ahmad, 2009.
"International Observations of Monetary Policy Periods,"
The IUP Journal of Monetary Economics, IUP Publications, vol. 0(3-4), pages 7-43, August.
- Yamin Ahmad, 2004. "International Observations of Monetary Policy Periods," Working Papers 05-01, UW-Whitewater, Department of Economics, revised Jul 2007.
- William H. Branson & Arminio Fraga & Robert A. Johnson, 1985.
"Expected Fiscal Policy and the Recession of 1982,"
NBER Working Papers
1784, National Bureau of Economic Research, Inc.
- William H. Branson & Arminio Fraga & Robert A. Johnson, 1985. "Expected fiscal policy and the recession of 1982," International Finance Discussion Papers 272, Board of Governors of the Federal Reserve System (U.S.).
- Goldberg, Michael D., 2000. "On empirical exchange rate models: what does a rejection of the symmetry restriction on short-run interest rates mean?," Journal of International Money and Finance, Elsevier, vol. 19(5), pages 673-688, October.
- Eaton, Jonathan & Turnovsky, Stephen J, 1983.
"Covered Interest Parity, Uncovered Interest Parity and Exchange Rate Dynamics,"
Economic Journal, Royal Economic Society, vol. 93(371), pages 555-575, September.
- Jonathan Eaton & Stephen J. Turnovsky, 1982. "Covered Interest Parity, Uncovered Interest Parity, and Exchange Rate Dynamics," NBER Working Papers 0984, National Bureau of Economic Research, Inc.
- Clausen, Volker & Wohltmann, Hans-Werner, 2011. "Oil Price Shocks and Cyclical Dynamics in an Asymmetric Monetary Union," Ruhr Economic Papers 247, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Gonyung Park & Young-yong Kim, 2003. "An empirical analysis of nominal rigidities and exchange rate overshooting: an intertemporal approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(2), pages 153-166.
- Pierre Villa, 1991. "Règles de taux d'intérêt en changes flexibles et en présence de chocs permanents," Revue Économique, Programme National Persée, vol. 42(5), pages 867-900.
- repec:zbw:rwirep:0247 is not listed on IDEAS
- Markink, A.J. & van der Ploeg, F., 1989.
"Dynamic policy simulation of linear models with rational expectations of future events : A computer package,"
Other publications TiSEM
d8122b24-80f6-4cc5-b70e-1, Tilburg University, School of Economics and Management.
- Markink & A.J. & Van Der Ploeg.F, 1989. "Dynamic Policy Simulation Of Linear Models With Rational Expectations Of Future Events: A Computer Package," Papers 8906, Tilburg - Center for Economic Research.
- Jay Levin, 1989. "On the dynamic effects of monetary and fiscal policy under floating exchange rates: Simulations with an asset market model," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 125(4), pages 665-680, December.
- Rudiger Dornbusch & Jeffrey Frankel, 1988.
"The Flexible Exchange Rate System: Experience and Alternatives,"
International Economic Association Series, in: Silvio Borner (ed.), International Finance and Trade in a Polycentric World, chapter 7, pages 151-208,
Palgrave Macmillan.
- Rudiger Dornbusch & Jeffrey A. Frankel, 1987. "The Flexible Exchange Rate System: Experience and Alternatives," NBER Working Papers 2464, National Bureau of Economic Research, Inc.
- Dornbusch, Rudiger & Frankel, Jeffrey, 1988. "The Flexible Exchange Rate System: Experience and Alternatives," Department of Economics, Working Paper Series qt5ct1w459, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Rudiger Dornbusch and Jeffrey Frankel., 1988. "The Flexible Exchange Rate System: Experience and Alternatives," Economics Working Papers 8868, University of California at Berkeley.
- Paul S. L. Yip, 2016. "China’S Exchange Rate System Reform: Two Potential Mistakes And The Recommended Long-Term System," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(02), pages 1-40, June.
- Jeffrey A. Frankel & Kenneth A. Froot, 1985. "Using Survey Data to Test Some Standard Propositions Regarding Exchange Rate Expectations," NBER Working Papers 1672, National Bureau of Economic Research, Inc.
- Florina Cristina BADARAU, 2009. "Dynamic Analysis of Macroeconomic Policies in an Asymmetric Monetary Uunion. Lessons for the EMU," EcoMod2009 21500007, EcoMod.
- Wohltmann Hans-Werner & Clausen Volker, 2002. "Dynamische Effekte symmetrischer Nachfrageund Angebotspolitiken in einer asymmetrischen Währungsunion / Dynamic Effects of Symmetric Demand and Supply Side Policies in an Asymmetric Monetary Union," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 222(2), pages 230-257, April.
- Eleni Iliopulos & Marcus Miller, 2007.
"UK External Imbalances and the Sterling: Are they on a Sustainable Path?,"
Open Economies Review, Springer, vol. 18(5), pages 539-557, November.
- Eleni Iliopulos & Marcus Miller, 2007. "UK External Imbalances and the Sterling: Are they on a Sustainable Path?," Post-Print hal-00628767, HAL.
- Francis Vitek, 2005. "The Exchange Rate Forecasting Puzzle," International Finance 0509005, University Library of Munich, Germany.
- Clausen Volker & Wohltmann Hans-Werner, 2013. "Oil Price Dynamics and Monetary Policy in a Heterogeneous Monetary Union," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 233(2), pages 159-187, April.
- Wohltmann, Hans-Werner & Winkler, Roland C., 2005. "Oil Price Shocks and Currency Denomination," Economics Working Papers 2005-10, Christian-Albrechts-University of Kiel, Department of Economics.
- Wohltmann, Hans-Werner & Winkler, Roland C., 2005. "Dynamic Effects of Raw Materials Price Shocks for Large Oil-Dependent Economies," Economics Working Papers 2005-01, Christian-Albrechts-University of Kiel, Department of Economics.
- Paul S. L. Yip, 2005. "On the Maintenance Costs and Exit Costs of the Peg in Hong Kong," Economic Growth Centre Working Paper Series 0505, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
- Wohltmann, Hans-Werner & Clausen, Volker, 2003. "Oil Price Shocks and Monetary Policy in an Asymmetric Monetary Union," Economics Working Papers 2003-11, Christian-Albrechts-University of Kiel, Department of Economics.
- Wohltmann, Hans-Werner & Winkler, Roland C., 2005. "Monetary Policy Dynamics in Large Oil-Dependent Economies," Economics Working Papers 2005-17, Christian-Albrechts-University of Kiel, Department of Economics.
- Steve Ambler, 1988. "Fiscal and monetary policy in an open economy with staggered wages," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 124(1), pages 58-73, March.