If Exchange Rates are Random Walks, Then Almost Everything We Say about Monetary Policy Is Wrong
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“If Exchange Rates are Random Walks, Then Almost Everything We Say about Monetary Policy Is Wrong,” with Fernando Alvarez and Andrew Atkeson, American Economic Review, May 2007.
Reprinted from the AMERICAN ECONOMIC REVIEW published by the American Economic Association, copyright © 2007 by the American Economic Association. All rights reserved.
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