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Optimal Exchange Rate Policy Under Unknown Pass-through and Learning With Applications to Korea

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  • David Hudgins
  • C. Chan

Abstract

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Suggested Citation

  • David Hudgins & C. Chan, 2008. "Optimal Exchange Rate Policy Under Unknown Pass-through and Learning With Applications to Korea," Computational Economics, Springer;Society for Computational Economics, vol. 32(3), pages 279-293, October.
    • Handle: RePEc:kap:compec:v:32:y:2008:i:3:p:279-293
    DOI: 10.1007/s10614-008-9139-1
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    References listed on IDEAS

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    1. Currie,David & Levine,Paul, 2009. "Rules, Reputation and Macroeconomic Policy Coordination," Cambridge Books, Cambridge University Press, number 9780521104609.
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    More about this item

    Keywords

    Exchange rate pass-through; Quadratic performance index; Kalman filter; Observers; C61; C63; E37; E52; F37; F47;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications

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