Exchange Rate Dynamics with Sluggish Prices under Alternative Price-Adjustment Rules

DOI10.2307/2648872zbMath0541.90015OpenAlexW4297851058MaRDI QIDQ3329167

Kenneth S. Rogoff, Maurice Obstfeld

Publication date: 1984

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: http://www.federalreserve.gov/pubs/ifdp/1983/223/ifdp223.pdf

zbMATH Keywords

rational expectationsprice- adjustment rulesticky-price exchange rate models

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62) General equilibrium theory (91B50)

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Large-scale bond purchases in a currency union with segmentation in the market for government debt ⋮ Why clashes between internal and external stability goals end in currency crises ⋮ Vertical trade, exchange rate pass-through, and the exchange rate regime ⋮ Capital flows, financial intermediation and macroprudential policies ⋮ On exchange-rate stabilization ⋮ The expenditure switching effect, welfare and monetary policy in a small open economy ⋮ Unnamed Item ⋮ On the theory of sterilized foreign exchange intervention ⋮ Exchange rate disconnect in a standard open-economy macro model

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