NZFC - Monetary policy and risk in the open economy

ARX Administrator    Anella Munro
13 Mar 2018
Category: Currency

Country or region: Vietnam

Under modest assumptions, variations in asset prices and returns mainly reflect variations in risk. I propose a general equilibrium, two-country model that incorporates risk premia (eg. sovereign, inflation, liquidity risk) in asset prices and returns. In the model with risk, monetary policy (i) determines the short-term nominal interest rate, but ......

Total Views: 126
Total Downloads: 12

Share Article

Reader Comments

No comments made on this post yet


If you have any copyright and other associated infringements related to this item, please click on the Terms and Conditions link where you will be directed to the Digital Millennium Copyright Act (DCMA) that will outline the procedure for raising your concern.

If you have any concerns with the content of the item [e.g., offensive language and/or material, inappropriate material] then please proceed to utilize the Contact Us form. Remember that when using the Contact Us form, please ensure you reference/cite clearly the item in question (e.g., name of article, author(s) of article) and the nature of the complaint.