Speaker: Professor Pedro Gomis-Poqueras
Affiliation: Queensland University of Technology
Location: Room 128, Therapies Building (#84), UQ St Lucia Campus 


This paper proposes a framework to examine the effects of U.S. dollar swap arrangements be- tween the Federal Reserve System and a small open economy’s central bank. The framework is a dynamic general equilibrium model where domestic and foreign currencies are valued. We then investigate how U.S. dollar swap lines affect inflation and debt dynamics in the small open economy, particularly when combined with domestic quantitative easing policies and standard interest rate management policies. We also explore the circumstances under which U.S. dollar swap lines can replicate quantitative easing and interest rate policies. Finally, we identify combinations of international and domestic unconventional monetary policies that deliver desirable equilibria.

About the presenters meeting

If you would like to meet with Prof Gomis-Poqueras, please contact: Dr Satoshi Tanaka.

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 Therapies Building (#84), UQ St Lucia Campus