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020129s2000 dcu o i00 0 eng d |
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|z 9781451856170
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|a 1018-5941
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|a 10.5089/9781451856170.001
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|a (IMF)imfwpiea1412000
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|e rda
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|a Zettelmeyer, Jeromin.
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|a The Impact of Monetary Policyon the Exchange Rate :
|b Evidence From Three Small Open Economies /
|c Jeromin Zettelmeyer.
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| 264 |
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1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2000.
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| 300 |
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|a 1 online resource (45 pages)
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| 336 |
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|a text
|b txt
|2 rdacontent.
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| 337 |
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|a computer
|b c
|2 rdamedia.
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| 338 |
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|a online resource
|b cr
|2 rdacarrier.
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| 490 |
1 |
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|a IMF Working Papers.
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|a This paper studies the impact effect of monetary policy shocks-identified by the reaction of three month market interest rates to policy announcements-on the exchange rate in Australia, Canada, and New Zealand during the 1990s. The main results are that (1) on average, a 100 basis point contractionary shock will appreciate the exchange rate by 2-3 percent on impact; (ii) seemingly 'perverse' reactions of the exchange rate to monetary policy are mainly attributable to reverse causality; (iii) in a few instances, there were true 'perverse' reactions of exchange rates to policy- generally, appreciations following expansionary shocks.
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|a Description based on print version record.
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| 776 |
0 |
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|i Print Version:
|a Zettelmeyer, Jeromin
|t The Impact of Monetary Policyon the Exchange Rate: Evidence From Three Small Open Economies
|d Washington, D.C. : International Monetary Fund, 2021.
|z 9781451856170.
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| 830 |
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0 |
|a IMF working paper ;
|v WP/2000/141.
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| 856 |
4 |
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|u http://elibrary.imf.org/view/journals/001/2000/141/001.2000.issue-141-en.xml
|z Full Text (via IMF e-Library)
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|a .b80558409
|b 05-02-23
|c 07-24-15
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|a web
|b - -
|c f
|d b
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|p Can circulate
|a University of Colorado Boulder
|b Online
|c Online
|d Online
|i web
|n 1
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