Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062600 | Economics Letters | 2007 | 6 Pages |
Abstract
This paper analyses the timing of asset trade and its implications for monetary policy and welfare in open economies. Optimal policy is shown to differ significantly depending on whether asset trade takes place before or after policy decisions are made.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ozge Senay, Alan Sutherland,