Wei Dong - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T18:44:48+00:00Do Central Banks Respond to Exchange Rate Movements? Some New Evidence from Structural Estimation
https://www.bankofcanada.ca/2008/08/working-paper-2008-24/
This paper investigates the impact of exchange rate movements on the conduct of monetary policy in Australia, Canada, New Zealand and the United Kingdom. We develop and estimate a structural general equilibrium two-sector model with sticky prices and wages and limited exchange rate pass-through.2008-08-02T10:22:37+00:00enDo Central Banks Respond to Exchange Rate Movements? Some New Evidence from Structural Estimation2008-08-02Exchange ratesInternational topicsMonetary policy frameworkWorking Paper 2008-24 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-24.pdfDo Central Banks Respond to Exchange Rate Movements? Some New Evidence from Structural EstimationWei DongAugust 2008FF3F4