Compares performance of fixed vs. variable exchange rate regime in a model of the New Open Macro literature.
Into the Mussa Puzzle: Monetary Policy Regimes and the Real Exchange Rate in a Small Open Economy, Journal of International Economics , Vol. 62, Issue 1, Pages 1-243 (2004).
MONACELLI, TOMMASO
2004
Abstract
Compares performance of fixed vs. variable exchange rate regime in a model of the New Open Macro literature.
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