NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Is Bad News About Inflation Good News for the Exchange Rate?

Richard Clarida, Daniel Waldman

NBER Working Paper No. 13010
Issued in April 2007

---- Acknowledgements -----

We would like to thank John Campbell, Charles Engel, Martin Feldstein, and Vineer Bhansali for sharing their insights on this topic with us. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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