Foreign exchange intervention as a monetary policy instrument : evidence for inflation targeting countries /
Material type:
TextSeries: ZEW economic studiesPublication details: Heidelberg : New York : Physica-Verlag, c2004.Description: ix, 175 pISBN: - 9783790801282
- 3790801283
- 332.4564 HUF
- HG3881 .H833 2004
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Includes bibliographical references (p. [167]-175).
This book contributes to closing this gap between theory and practice by interpreting foreign exchange intervention as an additional monetary policy instrument for inflation targeting central banks. In-depth empirical analyses of the foreign exchange operations and interest rate policy of five inflation targeting countries (Australia, Canada, New Zealand, Sweden and the United Kingdom) demonstrate how foreign exchange intervention is used in practice.
oif 19/08/15
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