Did the Exchange Rate Floor Prevent Deflation in the Czech Republic? /
To fight deflationary pressures at the zero lower bound, in November 2013, the Czech National Bank (CNB) introduced a one-sided floor on the exchange rate, as an additional monetary policy instrument. This paper investigates the impact of the FX floor on inflation in the Czech Republic, by comparing...
| Autore principale: | |
|---|---|
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2017.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2017/206 |
| Accesso online: | Full text available on IMF |