Capital Flows in a Transitional Economy and the Sterilization Dilemma : The Hungarian Case /
This paper compares Hungary's experience with sterilization with that of other capital inflow episodes. The study focuses on the short-run impact of sterilization on monetary policy. The empirical data indicate that sterilized interventions by the National Bank of Hungary (NBH) were not signifi...
| Main Author: | |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1996.
|
| Series: | IMF Working Papers; Working Paper ;
No. 1996/086 |
| Online Access: | Full text available on IMF |