The impact of monetary policy on the exchange rate: evidence from three small open economies
Article Abstract:
The impact of monetary policy shocks on exchange rates in the small open economies of Australia, Canada and New Zealand is studied. The strategy is to examine the immediate response of the exchange rate to shocks, both during 'normal' times and at times of pressure on the exchange rate.
Publisher: Elsevier B.V.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2004
Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis, Monetary policy, Open economy
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2004
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Rational speculation and exchange rates
Article Abstract:
A new method to explain the behavior of foreign exchange rates in asset markets is proposed. The effects of speculation in foreign exchange markets and the resulting changes in risk premia are examined.
Publisher: Elsevier B.V.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2005
Economic aspects, Speculation, Foreign exchange market
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2005
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Subjects list: United States, Analysis, Foreign exchange, Foreign exchange rates
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