Title of article
Floating exchange rates and inflation in Germany: Are external shocks really irrelevant?
Author/Authors
Tobias Basse، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
5
From page
393
To page
397
Abstract
German prices and U.S. short-term interest rates are cointegrated while short-term interest rates in both countries are not. Therefore, moving to flexible exchange rates in 1973 has not completely isolated Germany from external shocks.
Keywords
cointegration , Monetary policy , Flexible exchange rates
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
436097
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