Foreign Exchange Intervention as a Monetary Policy Instrument

Name: Foreign Exchange Intervention as a Monetary Policy Instrument
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 9783790801286
Price: 262.82 RON
Availability: InStock

Evidence for Inflation Targeting Countries

Autor: Felix Hüfner

Limbă:

Legare: Carte broșată

Editura: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Disponibilitate: În depozitul extern

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Foreign exchange intervention is frequently being used by central banks in countries which have a fl...

Informații despre carte

Autor

Felix Hüfner

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2003

Pagini

175

EAN

9783790801286

ISBN

3790801283

Enbook ID

01737615

Editura

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Greutate

610

Dimensiuni

155 x 235 x 11

Descriere completă

Foreign exchange intervention is frequently being used by central banks in countries which have a floating exchange rate. Most theoretical monetary policy models, however, do not take this phenomenon into account. This book contributes to close 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.

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Foreign Exchange Intervention as a Monetary Policy Instrument

Evidence for Inflation Targeting Countries

Informații despre carte

Descriere completă

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