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International Transmission and Monetary Policy Cooperation

Günter Coenen, Giovanni Lombardo, Frank Smets, and Roland Straub (eds)

in International Dimensions of Monetary Policy

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226278865
eISBN:
9780226278872
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226278872.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter describes a classic theme of international macroeconomics, that is, the gains from policy cooperation in the presence of policy spillovers across countries. In this chapter, a calibrated ... More


Exchange Rate Regimes in Theory and Practice

Michael W. Klein and Jay C. Shambaugh

in Exchange Rate Regimes in the Modern Era

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262013659
eISBN:
9780262259002
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262013659.003.0002
Subject:
Economics and Finance, Econometrics

This chapter creates the foundation that will affect and be built upon by much of the book, creating a context for questioning and exploration. It introduces the standard view of exchange rate ... More


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