Open economy codependence: U.S. monetary policy and interest rate pass-through
We analyze the international transmission of interest rates under pegged and non-pegged exchange rate regimes, demonstrating that transmission depends upon the informational properties of a base country's interest rate change. We differentiate between interest rate movements which are predictab...
| Váldodahkkit: | , |
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| Materiálatiipa: | Working paper |
| Almmustuhtton: |
University of Oxford
2006
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