Monetary Policy for an Open Economy : An Alternative Framework with Optimising Agents and Sticky Prices by

  title={Monetary Policy for an Open Economy : An Alternative Framework with Optimising Agents and Sticky Prices by},
  author={Bennett Mccallum and Edward Nelson},
External Members of the Monetary Policy Committee and their dedicated economic staff. Papers are made available as soon as practicable in order to share research results and stimulate further discussion of key policy issues. However, the views expressed are those of the authors and do not represent the views of the Bank of England or necessarily the views of other External Members of the Monetary Policy Committee. Vines for valuable comments on previous versions of this paper. The views… CONTINUE READING
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