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unconventional monetary policies – BSE Focus https://dev.focus.bse.eu Research insights from the Barcelona School of Economics Mon, 22 Oct 2018 08:42:05 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.13 https://dev.focus.bse.eu/wp-content/uploads/cropped-bse-focus-site-icon-32x32.png unconventional monetary policies – BSE Focus https://dev.focus.bse.eu 32 32 Forward guidance and the exchange rate https://dev.focus.bse.eu/forward-guidance-exchange-rate/ Wed, 24 Oct 2018 08:41:36 +0000 https://focus.barcelonagse.eu/?p=1562 Jordi GalĂ­ finds that the impact of forward guidance on exchange rates poses a stiff challenge for existing theoretical models.]]>