Optimal exchange-rate policy in a model of local-currency pricing with vertical production and trade

DOI10.1007/S11079-016-9415-Y;zbMath1417.91376MaRDI QIDQ1624939

Chan Wang, Liutang Gong, Heng-Fu Zou

Publication date: 16 November 2018

Published in: Open Economies Review (Search for Journal in Brave)

Full work available at URL: https://rd.springer.com/content/pdf/10.1007%2Fs11079-016-9415-y.pdf

zbMATH Keywords

optimal monetary policylocal-currency pricingvertical production and tradeexchange-rate policy

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Macroeconomic theory (monetary models, models of taxation) (91B64) Consumer behavior, demand theory (91B42)

Related Items (1)

Intermediate goods and exchange rate disconnect

Cites Work

• Friedman redux: restricting monetary policy rules to support flexible exchange rates
• Vertical trade, exchange rate pass-through, and the exchange rate regime
• Optimal monetary policy under a global dollar standard: the effect of vertical trade and production
• Local currency pricing, foreign monetary shocks and exchange rate policy
• Welfare and Macroeconomic Interdependence
• Price Stability in Open Economies
• Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility
• Global Implications of Self-Oriented National Monetary Rules

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