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| Author: | Devereux, M.B. Sutherland, A. |
| Title: | Monetary policy and portfolio choice in an open economy macro model |
| Journal: | Journal of the European Economic Association
2007 : APR/MAY, VOL. 5:2-3, p. 491-499 |
| Index terms: | monetary policy portfolio selection open economy models |
| Language: | eng |
| Abstract: | This paper deals with the role of monetary policy (hereafter as: mon-pol.) in an open economy in an environment of endogenous portfolio (here as: p-f./p-fs.) choice. Explored is the impact of mon-pol. on national bond and equity p-fs. in environments where assets markets are either complete or incomplete. |
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