Browsing Arbeidsnotater / Working Papers by Subject "Dornbusch overshooting"
Now showing items 1-2 of 2
-
Monetary Policy and Exchange Rate Overshooting: Dornbusch Was Right After All
(Working Papers;9/2009, Working paper, 2009)Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macroeconomics. Yet, empirical studies of monetary policy have typically found exchange rate effects that are inconsistent with ... -
Monetary Policy and the Illusionary Exchange Rate Puzzle
(Working Papers;11/2005, Working paper, 2005)Dornbusch’s exchange rate overshooting hypothesis is a central building block in international macroeconomics. Yet, empirical studies of monetary policy have typically found exchange rate effects that are inconsistent with ...