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...

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書目詳細資料
主要作者: Hofman, David
其他作者: Chamon, Marcos, Deb, Pragyan, Harjes, Thomas
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2020.
叢編:IMF Working Papers; Working Paper ; No. 2020/009
在線閱讀:Full text available on IMF