Monetary Policy Response to Exchange Rates: An Empirical Investigation

Notwithstanding exchange rate stability concerns in practice, exchange rate arguments are often omitted from monetary policy analysis and simple interest rate rules do not comprise exchange rate arguments even in small open economy set-ups. In order to identify the role of exchange rates in monetary...

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Bibliographic Details
Main Author: Mete Han Yagmur
Format: Article
Language:English
Published: EconJournals 2016-09-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32045/354658?publisher=http-www-cag-edu-tr-ilhan-ozturk