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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Hofman, David
מחברים אחרים: Chamon, Marcos, Deb, Pragyan, Harjes, Thomas
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2020.
סדרה:IMF Working Papers; Working Paper ; No. 2020/009
גישה מקוונת:Full text available on IMF