International Monetary Policy Coordination and Competitive Depreciation: A Reevaluation

Caroline Betts · Michael B. Devereux

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Global Financial Crisis and Policies Monetary Policy and Economic Impact European Monetary and Fiscal Policies

Abstract

Caroline Betts, Michael B. Devereux, International Monetary Policy Coordination and Competitive Depreciation: A Reevaluation, Journal of Money, Credit and Banking, Vol. 32, No. 4, Part 1 (Nov., 2000), pp. 722-745

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1977Rules Rather than Discretion: The Inconsistency of Optimal Plans 1976Expectations and Exchange Rate Dynamics 1997Foundations of International Macroeconomics 1963Capital Mobility and Stabilization Policy Under Fixed and Flexible Exchange Rates 1981A Positive Theory of Monetary Policy in a Natural-Rate Model 1995Exchange Rate Dynamics Redux 1996Goods Prices and Exchange Rates: What Have We Learned?1997Returns to Scale in U.S. Production: Estimates and Implications

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2006INTERNATIONAL ASYMMETRY IN BUSINESS ACTIVITY AND APPRECIATION OF A STAGNANT COUNTRY'S CURRENCY*2007Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibility 1999A Simple Dynamic General Equilibrium Analysis of the Trade-off Between Fixed and Floating Exchange Rates 2004The New Open Economy Macroeconomics: A Critical Appraisal 2013International Economic Interdependence and Exchange-rate Adjustment under Persistent Stagnation

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