If exchange rates are random walks, then almost everything we say about monetary policy is wrong

被引:15
作者
Alvarez, Fernando
Atkeson, Andrew
Kehoe, Patrick J.
机构
[1] Univ Chicago, Dept Econ, Chicago, IL 60636 USA
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
[3] Univ Calif Los Angeles, Dept Econ, Los Angeles, CA 90095 USA
[4] Fed Reserve Board Minneapolis, Minneapolis, MN USA
[5] NBER, Cambridge, MA 02138 USA
[6] Fed Reserve Bank Minneapolis, Minneapolis, MN 55480 USA
[7] Univ Minnesota, Minneapolis, MN 55455 USA
关键词
D O I
10.1257/aer.97.2.339
中图分类号
F [经济];
学科分类号
02 ;
摘要
引用
收藏
页码:339 / 345
页数:7
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