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Author:Dellas, H.
Title:Monetary policy in open economies
Journal:European Economic Review
2006 : AUG, VOL. 50:6, p. 1471-1486
Index terms:exchange rates
monetary policy
Freeterms:imperfect competition
nominal rigidities
Language:eng
Abstract:This article discusses activistic policy and flexible exchange rates. The authors argue that presumptions in favor of these subjects may owe much to their combination of two commonly made assumptions: Nominal goods prices are rigid and that the monetary authorities have a lot of information about the economy.
SCIMA record nr: 262707
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