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Announced regime switch: optimal policy for transition period
- 1.0337624 - NHU-C 2010 RIV CZ eng J - Journal Article
Brázdik, František
Announced regime switch: optimal policy for transition period.
CERGE-EI Working Paper Series. -, č. 402 (2009), s. 1-49. ISSN 1211-3298
Institutional research plan: CEZ:MSM0021620846
Keywords : new Keynesian models * small open economy * monetary regime
Subject RIV: AH - Economics
http://www.cerge-ei.cz/pdf/wp/Wp402.pdf
The novelty of this work is the presentation of the theoretical framework that allows to model announced change of the monetary regime. I analyze behavior of small open economy that announced to adopt a monetary policy regime with focus on offsetting nominal exchange rate changes in given number of periods.
Permanent Link: http://hdl.handle.net/11104/0181575
File Download Size Commentary Version Access Wp402.pdf 0 875.1 KB Publisher’s postprint open-access
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