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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Detalhes bibliográficos
Autor principal: Adler, Gustavo
Outros Autores: Lama, Ruy, Medina Guzman, Juan Pablo
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2016.
Colecção:IMF Working Papers; Working Paper ; No. 2016/067
Acesso em linha:Full text available on IMF