Showing items related by title, author, creator and subject.

• International Evidence on the Role of Monetary Policy in the Uncovered Interest Rate Parity Puzzle 

  Guender, A.V. (University of Canterbury. Department of Economics and Finance, 2015)

  CPI inflation targeting necessitates a flexible exchange rate regime. This paper embeds an endogenous target rule into a simple open economy macro model to explain the UIP puzzle. The model predicts that the change in the ...

• CPI Inflation Targeting and the UIP Puzzle: An Appraisal of Instrument and Target Rules 

  Guender, A.V. (College of Business and EconomicsUniversity of Canterbury. Department of Economics and Finance, 2011)

  Employing an optimizing framework, this paper shows that a target rule dominates a simple instrument rule when the focus of monetary policy is on CPI inflation. The target rule approach produces a systematic relationship ...

• High policy uncertainty and low implied market volatility – an academic puzzle? 

  Wei X; Bialkowski, Jedrzej; Dang, Huong Dieu (2022)

  Motivated by the extremely low level of the CBOE VIX accompanied by the high level of US economic policy uncertainty in the period of late 2016 to the end of 2017, we examine the factors affecting the relationship ...