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...

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Bibliografische gegevens
Hoofdauteur: Adler, Gustavo
Andere auteurs: Lama, Ruy, Medina Guzman, Juan Pablo
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2016.
Reeks:IMF Working Papers; Working Paper ; No. 2016/067
Online toegang:Full text available on IMF