Pricing-to-Market (PTM) and the International Monetary Policy Transmission: The “New Open-Economy Macroeconomics” Approach

نویسنده

  • Akira Otani
چکیده

I would like to thank Akihisa Shibata, associate professor of the Institute of Economic Research, Kyoto University, and the staff of the Institute for Monetary and Economic Studies (IMES), Bank of Japan for their useful comments. Tomiyuki Kitamura and Junko Miyoshi of IMES Research Division I provided valuable assistance with the model analyses, graph preparations, etc. The views expressed here are those of the author and do not necessarily reflect the official views of either the Bank of Japan or IMES. MONETARY AND ECONOMIC STUDIES/OCTOBER 2002

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تاریخ انتشار 2002