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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Bibliografiska uppgifter
Huvudupphovsman: Adler, Gustavo
Övriga upphovsmän: Lama, Ruy, Medina Guzman, Juan Pablo
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/067
Länkar:Full text available on IMF