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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Hofman, David
Muut tekijät: Chamon, Marcos, Deb, Pragyan, Harjes, Thomas
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2020.
Sarja:IMF Working Papers; Working Paper ; No. 2020/009
Linkit:Full text available on IMF