Optimal monetary policy and the timing of asset trade in open economies

Senay O., Sutherland A.

ECONOMICS LETTERS, cilt.95, sa.2, ss.297-302, 2007 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 95 Sayı: 2
  • Basım Tarihi: 2007
  • Doi Numarası: 10.1016/j.econlet.2006.10.024
  • Dergi Adı: ECONOMICS LETTERS
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.297-302
  • Anahtar Kelimeler: timing of asset trade, monetary policy
  • Orta Doğu Teknik Üniversitesi Adresli: Hayır

Özet

This paper analyses the timing of asset trade and its implications for monetary policy and welfare in open economies. Optimal policy is shown to differ significantly depending on whether asset trade takes place before or after policy decisions are made. (c) 2006 Elsevier B.V. All rights reserved.