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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Adler, Gustavo
Tác giả khác: Lama, Ruy, Medina Guzman, Juan Pablo
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2016.
Loạt:IMF Working Papers; Working Paper ; No. 2016/067
Truy cập trực tuyến:Full text available on IMF