Browsing Norges Banks vitenarkiv by Author "Söderström, Ulf"
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Simple Monetary Policy Rules and Exchange Rate Uncertainty
Leitemo, Kai; Söderström, Ulf (Working Papers;6/2001, Working paper, 2001)We analyze the performance and robustness of some common simple rules for monetary policy in a New-Keynesian open economy model under different assumptions about the exchange rate model. Adding the exchange rate to an ...