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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Adler, Gustavo
Beste egile batzuk: Lama, Ruy, Medina Guzman, Juan Pablo
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2016.
Saila:IMF Working Papers; Working Paper ; No. 2016/067
Sarrera elektronikoa:Full text available on IMF