The Exchange Rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: a Quantitative Investigation

Kollmann, R.

dc.contributor.author	Kollmann, R.
dc.date.accessioned	2008-01-24T14:28:05Z
dc.date.available	2008-01-24T14:28:05Z
dc.date.issued	1996
dc.identifier.uri	http://hdl.handle.net/1866/2059
dc.format.extent	2026226 bytes
dc.format.mimetype	application/pdf
dc.publisher	Université de Montréal. Département de sciences économiques.	fr
dc.subject	[JEL:E30] Macroeconomics and Monetary Economics - Prices, Business Fluctuations, and Cycles - General	en
dc.subject	[JEL:E32] Macroeconomics and Monetary Economics - Prices, Business Fluctuations, and Cycles - Business Fluctuations; Cycles	en
dc.subject	[JEL:F30] International Economics - International Finance - General	en
dc.subject	[JEL:F31] International Economics - International Finance - Foreign Exchange	en
dc.subject	[JEL:E30] Macroéconomie et économie monétaire - Prix, fluctuations des affaires, inflation et cycles économiques - Généralités	fr
dc.subject	[JEL:E32] Macroéconomie et économie monétaire - Prix, fluctuations des affaires, inflation et cycles économiques - Fluctuations des affaires, cycles économiques	fr
dc.subject	[JEL:F30] Économie internationale - Finance internationale - Généralités	fr
dc.subject	[JEL:F31] Économie internationale - Finance internationale - Taux de change	fr
dc.title	The Exchange Rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: a Quantitative Investigation
dc.type	Article
dc.contributor.affiliation	Université de Montréal. Faculté des arts et des sciences. Département de sciences économiques
dcterms.abstract	This paper studies a dynamic-optimizing model of a semi-small open economy with sticky nominal prices and wages. the model exhibits exchange rate overshooting in response to money supply shocks. the predicted variability of nominal and real exchange rates is roughly consistent with that of G7 effective exchange rates during the post-Bretton Woods era.
dcterms.isPartOf	urn:ISSN:0709-9231
UdeM.VersionRioxx	Version publiée / Version of Record
oaire.citationTitle	Cahier de recherche
oaire.citationIssue	9614

Files in this item

Name:: 9614.pdf
Size:: 1.932Mb
Format:: PDF

This item appears in the following Collection(s)

Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications [564]

Show item record

This document disseminated on Papyrus is the exclusive property of the copyright holders and is protected by the Copyright Act (R.S.C. 1985, c. C-42). It may be used for fair dealing and non-commercial purposes, for private study or research, criticism and review as provided by law. For any other use, written authorization from the copyright holders is required.