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...

Полное описание

Библиографические подробности
Главный автор: Adler, Gustavo
Другие авторы: Lama, Ruy, Medina Guzman, Juan Pablo
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2016.
Серии:IMF Working Papers; Working Paper ; No. 2016/067
Online-ссылка:Full text available on IMF