Foreign Exchange Intervention under Policy Uncertainty /

We study the use of foreign exchange (FX) intervention as an additional policy instrument in an environment with learning, where agents infer the central bank policy rules from its policy actions. Under full information, a central bank focused on stabilizing output and inflation can achieve better o...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Adler, Gustavo
Awduron Eraill: Lama, Ruy, Medina Guzman, Juan Pablo
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2016.
Cyfres:IMF Working Papers; Working Paper ; No. 2016/067
Mynediad Ar-lein:Full text available on IMF