Exchange rate policy and heterogeneity in small open economies

When a country allows free capital flows from abroad, it must either let the exchange rate float or lose control over the interest rates. This trade-off has ...

Exchange Rate Policy and Heterogeneity in Small Open Economies

This paper studies the role of exchange rate regimes in shaping the distributional effects of external monetary shocks. I model a small open ...

Exchange Rate Policy and Heterogeneity in Small Open Economies

I model a small open economy where agents differ in wealth and in exposure to international trade, producing either tradable or non-tradable ...

Exchange Rate Policy and Heterogeneity in Small Open Economies

Exchange rate policy determines the particular combination of the two. ... its currency depreciate on impact, which induces output boom, raises wages, and ...

Exchange rate policy and heterogeneity in small open economies

TL;DR: This paper developed a view of exchange rate policy as a trade-off between the desire to smooth fluctuations in real exchange rates so as to reduce ...

Exchange rate policy and heterogeneity in small open economies

Therefore, countries that want to manage their interest rates while allowing the free movement of international capital must let their currency exchange rates ...

Exchange Rates and Monetary Policy with Heterogeneous Agents

Introducing heterogeneous households to a New Keynesian small open economy model amplifies the real income channel of exchange rates: the rise in import prices.

Exchange Rates and Monetary Policy with Heterogeneous Agents

Introducing heterogeneous households into a New Keynesian small open economy model amplifies the real income channel of exchange rates: the rise in import ...

Exchange Rates and Monetary Policy with Heterogeneous Agents

Introducing heterogeneous households to a New Keynesian small open economy model amplifies the real income channel of exchange rates.

Replication package for "Exchange Rate Policy and Heterogeneity ...

Cite this dataset. Oskolkov, Aleksei (2023), “Replication package for "Exchange Rate Policy and Heterogeneity in Small Open Economies"”, ...

Journal of International Economics on X: "New: "Exchange rate ...

New: "Exchange rate policy and heterogeneity in small open economies" by Aleksei Oskolkov (@aioskolkov). How do exchange rate regimes shape ...

Exchange Rates and Monetary Policy with Heterogeneous Agents

Introducing heterogeneous households into a New Keynesian small open economy model amplifies the real income channel of exchange rates.

Integrated Monetary and Financial Policies for Small Open Economies

in local currency bonds to stabilize the policy rate. Capital controls are taxes or restrictions on cross-border transactions, while domestic macroprudential ...

Exchange Rate Policy and Firm Heterogeneity - IDEAS/RePEc

This paper examines the exchange rate policy in a tractable framework with heterogeneous firms, incomplete financial markets and nominal rigidities.

Monetary Policy and Redistribution in Open Economies

Under a fixed exchange rate regime, monetary authorities respond more aggressively by cutting domestic interest rates to avoid currency appreciation, which has ...

Heterogeneity in the exchange rate pass-through to consumer prices

Understanding the transmission of exchange rate shocks to prices is of prime importance for monetary policy in small open economies like ...

Can Information Heterogeneity Explain the Exchange Rate ...

exchange intervention in a small open economy. Journal of International ... Optimal Monetary Policy in Open Economies. 861-93⒊ [Crossref]. 23⒏ Dagfinn ...

Exchange rate volatility and growth in small open economies at the ...

Interpreting monetary and exchange rate policies as Keynesian instruments of adjustment,. Mundell (1961) argued that shock absorption within a heterogeneous ...

Devaluations, Deposit Dollarization, and Household Heterogeneity

Journal of. Monetary Economics, 59:S50–S64, 2012. A. Oskolkov. Exchange rate policy and heterogeneity in small open economies. Mimeo, 2021. A. Oskolkov and M ...

Which Monetary Shocks Matter in Small Open Economies ...

ity and heterogeneity in the impact of domestic and foreign monetary ... tic monetary policy and the roles played by exchange rates in small open economies.