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...

Повний опис

Бібліографічні деталі
Автор: Adler, Gustavo
Інші автори: Lama, Ruy, Medina Guzman, Juan Pablo
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2016.
Серія:IMF Working Papers; Working Paper ; No. 2016/067
Онлайн доступ:Full text available on IMF