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Some doubts about the efficacy of monetary policy under flexible exchange rates

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References

1963Capital Mobility and Stabilization Policy Under Fixed and Flexible Exchange Rates2,697 cited
1961Flexible Exchange Rates and Employment Policy209 cited
1973Price competitiveness in export trade among industrial countries182 cited
1973Price Competitiveness in Export Trade Among Industrial Countries173 cited

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1976The Theory of Flexible Exchange Rate Regimes and Macroeconomic Policy162 cited
1977Exchange Rate Dynamics with Stock/Flow Interaction96 cited
1988The equilibrium pricing of exchange rates and assets when trade takes time74 cited
1980Short-Run Effects of Exchange Rate Changes on Terms of Trade and Trade Balance (Incidence a court terme des variations du taux de change sur les termes de l'echange et la balance commerciale) (Efectos a corto plazo de las variaciones del tipo de cambio sobre la relacion de intercambio y la balanza comercial)66 cited
1978A Stochastic Equilibrium Model of an Open Economy Under Flexible Exchange Rates*62 cited
1979The "Vicious Circle" Hypothesis (L'hypothese du "cercle vicieux") (La hipotesis del "circulo vicioso")57 cited
1980Exchange-Rate Variability, Real and Monetary Shocks, and the Degree of Capital Mobility Under Rational Expectations51 cited
1980Speculation, rational expectations, and stability of the foreign exchange market51 cited
1985Real and Monetary Aspects of the ‘Dutch Disease’

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48 cited

1984Export pricing, flexible exchange rates, and divergence in the prices of traded goods46 cited

1981Monetary Policy and Foreign Price Disturbances Under Flexible Exchange Rates: A Stochastic Approach44 cited

1984EXCHANGE RATES AND TRADE POLICY42 cited

1985The Choice of Exchange Rate Regime in Developing Countries: A Survey of the Literature (Le choix d'un regime de change par les pays en developpement: Apercu general des etudes consacrees a ce sujet) (Seleccion del regimen de tipo de cambio en los paises en desarrollo: Examen de la literatura existente)35 cited

1977Sources of Exchange Rate Variability: Theory and Empirical Evidence (Sources des variations de taux de change: analyse de la theorie et observation empirique) (Fuentes de variabilidad del tipo de cambio: Teoria y pruebas empiricas)32 cited

1981Exchange rate overshooting, the trade balance, and rational expectations29 cited

1977Monetary and Fiscal Policies under Flexible Exchange Rates and Perfect Myopic Foresight in an Inflationary World23 cited