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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Hofman, David
Kolejni autorzy: Chamon, Marcos, Deb, Pragyan, Harjes, Thomas
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2020.
Seria:IMF Working Papers; Working Paper ; No. 2020/009
Dostęp online:Full text available on IMF