The Resource Some implications for monetary policy of uncertain exchange rate pass-through, Benjamin Hunt and Peter Isard

Some implications for monetary policy of uncertain exchange rate pass-through, Benjamin Hunt and Peter Isard

Label
Some implications for monetary policy of uncertain exchange rate pass-through
Title
Some implications for monetary policy of uncertain exchange rate pass-through
Statement of responsibility
Benjamin Hunt and Peter Isard
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
The paper uses MULTIMOD to examine the implications of uncertain exchange rate pass-through for the conduct of monetary policy. From the policymaker's perspective, uncertainty about exchange rate pass-through implies uncertainty about policy multipliers and the impact of state variables on stabilization objectives. When faced with uncertainty about the strength of exchange rate pass-through, policymakers will make less costly errors by overestimating the strength of pass-through rather than underestimating it. The analysis suggests that pass-through uncertainty of the magnitude considered does not result in efficient policy response coefficients that are smaller than those under certainty
Member of
Action
digitized
Cataloging source
OCLCE
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.03/25
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/03/25
Label
Some implications for monetary policy of uncertain exchange rate pass-through, Benjamin Hunt and Peter Isard
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 34-36)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647396721
Dimensions
unknown
Extent
1 online resource (36 pages)
File format
one file format
Form of item
online
Isbn
9781451892086
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37171100
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647396721
  • imf1281605697
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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