NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Monetary Policy Independence under Flexible Exchange Rates: An Illusion?

Sebastian Edwards

NBER Working Paper No. 20893
Issued in January 2015

---- Acknowledgments ----

This paper is based on a talk I gave at the Ronald I. McKinnon Memorial Conference, held at Stanford University on January 9, 2015. I thank John Taylor for comments. As always, I have benefitted from discussions with Ed Leamer. I thank Vittorio Corbo and José De Gregorio, former governors of the Central Bank of Chile, and Guillermo Ortiz, former governor of the Central Bank of Mexico (Banxico), for useful conversations on “monetary policy contagion.” The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

return to bibliography page

 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us