Exchange Market Pressure and Monetary Policy : Asia and Latin America in the 1990s /
Exchange market pressure (EMP), the sum of exchange rate depreciation and reserve outflows (scaled by base money), summarizes the flow excess supply of money in a managed exchange rate regime. Examining Brazil, Chile, Mexico, Indonesia, Korea, and Thailand, this paper finds that monetary policy affe...
| Hlavní autor: | |
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| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
1999.
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| Edice: | IMF Working Papers; Working Paper ;
No. 1999/114 |
| On-line přístup: | Full text available on IMF |