Some implications for monetary policy of uncertain exchange rate pass-through /
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| Author / Creator: | Hunt, Ben, 1958- author. |
|---|---|
| Imprint: | [Washington, D.C.] : International Monetary Fund, ©2003. |
| Description: | 1 online resource (36 pages) : illustrations |
| Language: | English |
| Series: | IMF working paper, 2227-8885 ; WP/03/25 IMF working paper ; WP/03/25. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497048 |
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| 050 | 4 | |a HG3881.5.I58 |b W67 no.03/25 | |
| 100 | 1 | |a Hunt, Ben, |d 1958- |e author. |0 http://id.loc.gov/authorities/names/nb99015668 | |
| 245 | 1 | 0 | |a Some implications for monetary policy of uncertain exchange rate pass-through / |c Benjamin Hunt and Peter Isard. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2003. | ||
| 300 | |a 1 online resource (36 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/03/25 | |
| 504 | |a Includes bibliographical references (pages 34-36). | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 520 | |a The paper uses MULTIMOD to examine the implications of uncertain exchange rate pass-through for the conduct of monetary policy. From the policymaker's perspective, uncertainty about exchange rate pass-through implies uncertainty about policy multipliers and the impact of state variables on stabilization objectives. When faced with uncertainty about the strength of exchange rate pass-through, policymakers will make less costly errors by overestimating the strength of pass-through rather than underestimating it. The analysis suggests that pass-through uncertainty of the magnitude considered does not result in efficient policy response coefficients that are smaller than those under certainty. | ||
| 588 | 0 | |a Print version record. | |
| 546 | |a English. | ||
| 650 | 0 | |a Foreign exchange rates |x Econometric models. | |
| 650 | 0 | |a Prices |x Effect of foreign exchange rates on |v Econometric models. | |
| 650 | 0 | |a Monetary policy |x Econometric models. | |
| 650 | 0 | |a Uncertainty |x Econometric models. | |
| 650 | 0 | |a Prices |x Econometric models. | |
| 650 | 0 | |a Uncertainty. |0 http://id.loc.gov/authorities/subjects/sh85139563 | |
| 650 | 6 | |a Taux de change |x Modèles économétriques. | |
| 650 | 6 | |a Prix |x Modèles économétriques. | |
| 650 | 6 | |a Politique monétaire |x Modèles économétriques. | |
| 650 | 6 | |a Incertitude. | |
| 650 | 6 | |a Incertitude |x Modèles économétriques. | |
| 650 | 7 | |a monetary policy. |2 eurovocen | |
| 650 | 7 | |a exchange rate. |2 eurovocen | |
| 650 | 7 | |a economic reform. |2 eurovocen | |
| 650 | 7 | |a politique monétaire. |2 eurovocfr | |
| 650 | 7 | |a taux de change. |2 eurovocfr | |
| 650 | 7 | |a réforme économique. |2 eurovocfr | |
| 650 | 7 | |a Foreign exchange rates |x Econometric models. |2 fast |0 (OCoLC)fst00931818 | |
| 650 | 7 | |a Monetary policy |x Econometric models. |2 fast |0 (OCoLC)fst01025234 | |
| 650 | 7 | |a Uncertainty |x Econometric models. |2 fast |0 (OCoLC)fst01160833 | |
| 655 | 4 | |a Electronic books. | |
| 700 | 1 | |a Isard, Peter, |e author. |0 http://id.loc.gov/authorities/names/n78012074 | |
| 710 | 2 | |a International Monetary Fund. |b Research Department. |0 http://id.loc.gov/authorities/names/n77001219 | |
| 776 | 0 | 8 | |i Print version: |a Hunt, Ben, 1958- |t Some implications for monetary policy of uncertain exchange rate pass-through. |d [Washington, D.C.] : International Monetary Fund, ©2003 |w (OCoLC)51858091 |
| 830 | 0 | |a IMF working paper ; |v WP/03/25. |0 http://id.loc.gov/authorities/names/no89010263 | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2003/025/001.2003.issue-025-en.xml |y INTERNATIONAL MONETARY FUND |
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