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

2007-05-01
Senay, Ozge
Sutherland, Alan
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.
ECONOMICS LETTERS

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Citation Formats
O. Senay and A. Sutherland, “Optimal monetary policy and the timing of asset trade in open economies,” ECONOMICS LETTERS, pp. 297–302, 2007, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/65530.