Live updates: Trump signs executive order targeting transgender athletes; president’s remarks on Gaza spark backlash
Follow the latest news and live updates on Trump's Gaza comments, executive order on transgender sports, and meetings with ...
National Bureau of Economic Research21h
Consumption Heterogeneity and Monetary Policy in an Open Economy
We explore how consumption heterogeneity affects the international transmission mechanism of monetary shocks and the choice of optimal monetary policy in an open economy. Incorporating two types of ...
Australian Broadcasting Corporation21h
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National Bureau of Economic Research21h
Monetary Policy and Exchange Rate Volatility in a Small Open Economy
We employ this framework to analyze the macroeconomic implications of three alternative monetary policy regimes for the small open economy: domestic inflation targeting, CPI targeting and an exchange ...