Intervention Under Inflation Targeting : When Could It Make Sense? /

We investigate the motives inflation-targeting central banks in emerging markets may have for intervening in foreign exchange markets and evaluate the case for such interventions based on the existing literature. Our findings suggest that the rationale for interventions depends on initial conditions...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Hofman, David
مؤلفون آخرون: Chamon, Marcos, Deb, Pragyan, Harjes, Thomas
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2020.
سلاسل:IMF Working Papers; Working Paper ; No. 2020/009
الوصول للمادة أونلاين:Full text available on IMF