Książka Foreign Exchange Intervention as a Monetary Policy Instrument Felix Hüfner

Foreign Exchange Intervention as a Monetary Policy Instrument

Evidence for Inflation Targeting Countries

Autor: Felix Hüfner
Język: Angielski
Oprawa: Miękka
Dostępność: Dostępna u dostawcy
Wysyłamy za 5-8 dni
216.67
Foreign exchange intervention is frequently being used by central banks in countries which have a fl...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
2003
strony
175
EAN
9783790801286
ISBN
3790801283
Enbook ID
01737615
Waga
610
Wymiary
155 x 235 x 11

Pełny opis

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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