Optimal Monetary Policy Rules When the Current Account Matters

نویسندگان

  • Juan Pablo Medina
  • Rodrigo O. Valdés
چکیده

Bank of Chile. We thank P. García, L. O. Herrera, J. Marshall, K. Schmidt-Hebbel, R. Vergara, and participants in the Third Annual Conference of the Central Bank of Chile, “Monetary Policy: Rules and Transmission Mechanisms”, for helpful comments. All remaining errors are our responsibility. This paper presents the views of the authors and does not necessarily represent in any way the positions or views of the Ministry of Finance, Chile.

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تاریخ انتشار 2002