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Effects of Monetary Policy on the US Dollar/UK Pound Exchange Rate. Is There a "Delayed Overshooting Puzzle"? (2012)
Journal Article
Heinlein, R., & Krolzig, H. M. (2012). Effects of Monetary Policy on the US Dollar/UK Pound Exchange Rate. Is There a "Delayed Overshooting Puzzle"?. Review of International Economics, 20(3), 443-467. https://doi.org/10.1111/j.1467-9396.2012.01033.x

The determination of the US dollar/UK pound sterling exchange rate is studied in a small symmetric macroeconometric model including UK-US differentials in inflation, output gap, and short- and long-term interest rates for the four decades since the b... Read More about Effects of Monetary Policy on the US Dollar/UK Pound Exchange Rate. Is There a "Delayed Overshooting Puzzle"?.