Re: DSE 2006 paper discussion

Posted by ashutosh on Jun 11, 2014; 2:38pm
URL: http://discussion-forum.276.s1.nabble.com/DSE-2006-paper-discussion-tp7591391p7592409.html

q19
Exchangerate overshooting happens when due to expansionary monetary policy, exchange rate depreciates more than its long term level.