The Effects of Conventional and Unconventional Monetary Policy on Exchange Rates

Atsushi Inoue, Barbara Rossi

NBER Working Paper No. 25021
Issued in September 2018

---- Acknowledgments ----

Supported by the Fundacion BBVA scientific research grant (PR16 DAT 0043) on Analysis of Big Data in Economics and Empirical Applications and the Cerca Programme/Generalitat de Catalunya. We thank Jordi Galí, Refet Gürkaynak, James Morley, Giovanni Ricco, Jonathan Wright, seminar participants at the 2018 ISoM conference, 2018 ASSA, UCL, Tor Vergata, Bank of Russia, the 2018 Royal Economic Society conference as well as Lukas Hoesch for excellent research assistance and Silvia Miranda-Agrippino for help with the UK data. The Barcelona GSE acknowledges financial support from the Spanish ministry of the Economy and Competitiveness through the Severo Ochoa Programme for Centers of Excellence in R&D (SEV-2015-0563). The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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