If exchange rates are random walks, Then almost everything we say about Monetary policy is wrong

Fernando Alvarez, Andrew Atkeson, Patrick J. Kehoe

Research output: Contribution to journalArticle

12 Citations (Scopus)
Original languageEnglish (US)
Pages (from-to)339-345
Number of pages7
JournalAmerican Economic Review
Volume97
Issue number2
DOIs
StatePublished - May 1 2007

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Exchange rates
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Random walk

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If exchange rates are random walks, Then almost everything we say about Monetary policy is wrong. / Alvarez, Fernando; Atkeson, Andrew; Kehoe, Patrick J.

In: American Economic Review, Vol. 97, No. 2, 01.05.2007, p. 339-345.

Research output: Contribution to journalArticle

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