A Quantitative Model for the Integrated Policy Framework /

Many central banks have relied on a range of policy tools, including foreign exchange intervention (FXI) and capital flow management tools (CFMs), to mitigate the effects of volatile capital flows on their economies. We develop an empirically-oriented New Keynesian model to evaluate and quantify how...

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Bibliographic Details
Main Author: Adrian, Tobias
Other Authors: Erceg, Christopher, Linde, Jesper, Zabczyk, Pawel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/122
Online Access:Full text available on IMF