THE ROLE OF CREDIBILITY FOR THE EFFECTS OF A CHANGE IN THE EXCHANGE-RATE POLICY *

Torben M. Andersen · Ole Risager

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Monetary Policy and Economic Impact Global Financial Crisis and Policies Economic Theory and Policy

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TORBEN M. ANDERSEN, OLE RISAGER; THE ROLE OF CREDIBILITY FOR THE EFFECTS OF A CHANGE IN THE EXCHANGE-RATE POLICY *, Oxford Economic Papers, Volume 43, Issu

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1983Rules, discretion and reputation in a model of monetary policy 1982Reputation and imperfect information 1992Game Theory with Applications to Economics 1986SIGNALLING IN A MODEL OF MONETARY POLICY WITH INCOMPLETE INFORMATION *1985Rational Expectations and Policy Credibility Following a Change in Regime 1986Reputation in a Model of Monetary Policy with Incomplete Information 1988Exchange rate policy, wage formation and credibility 1988Stabilization policies, credibility, and interest rate determination in a small open economy

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1998Shocks and the Viability of a Fixed Exchange Rate Commitment 1998Perspectiveson the Recent Currency Crisis Literature 1988Credibility, Debt and Unemployment: Ireland's Failed Stabilization

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