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

Date

2007-05-01

Author

Senay, Ozge
Sutherland, Alan

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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.

Subject Keywords

Timing of asset trade, Monetary policy

URI

https://hdl.handle.net/11511/65530

Journal

ECONOMICS LETTERS

DOI

https://doi.org/10.1016/j.econlet.2006.10.024

Collections

Department of Economics, Article

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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.