Intervention Under Inflation Targeting--When Could It Make Sense?

Intervention Under Inflation Targeting--When Could It Make Sense?
We investigate the motives inflation-targeting central banks in emerging markets may have for intervening in foreign exchange markets and evaluate the case for such interventions based on the existing literature. Our findings suggest that the rationale for interventions depends on initial conditions and country-specific circumstances. The case... READ MORE...

Publication date: January 2020
ISBN 9781513526027
$18.00

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