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Foreign Exchange Intervention as a Monetary Policy Instrument

Evidence for Inflation Targeting Countries

Jezik EngleskiEngleski
Knjiga Meki uvez
Knjiga Foreign Exchange Intervention as a Monetary Policy Instrument Felix Hüfner
Libristo kod: 01737615
Nakladnici Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, prosinac 2003
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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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Informacije o knjizi

Puni naziv Foreign Exchange Intervention as a Monetary Policy Instrument
Autor Felix Hüfner
Jezik Engleski
Uvez Knjiga - Meki uvez
Datum izdanja 2003
Broj stranica 175
EAN 9783790801286
ISBN 3790801283
Libristo kod 01737615
Nakladnici Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Težina 610
Dimenzije 155 x 235 x 11

Kategorija

Economics, Finance, Business & Management > Economics > Macroeconomics > Monetary economics
Economics, Finance, Business & Management > Economics > International economics
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