On the Empirical Relevance of the Exchange Rate as a Shock Absorber at the Zero Lower Bound
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More about this item
Keywords
Zero Lower Bound; Exchange Rate; Local Projections; State-dependent Effects;All these keywords.
JEL classification:
- F31 - International Economics - - International Finance - - - Foreign Exchange
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
- C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2022-10-03 (Central Banking)
- NEP-DGE-2022-10-03 (Dynamic General Equilibrium)
- NEP-EEC-2022-10-03 (European Economics)
- NEP-MON-2022-10-03 (Monetary Economics)
- NEP-OPM-2022-10-03 (Open Economy Macroeconomics)
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