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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Другие авторы: | , |
Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2016.
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Серии: | IMF Working Papers; Working Paper ;
No. 2016/067 |
Online-ссылка: | Full text available on IMF |