书目名称 | Foreign Exchange Intervention as a Monetary Policy Instrument |
副标题 | Evidence for Inflati |
编辑 | Felix Hüfner |
视频video | |
丛书名称 | ZEW Economic Studies |
图书封面 |  |
描述 | .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.. |
出版日期 | Book 2004 |
关键词 | Foreign Exchange Intervention; Inflation; Inflation Targeting; Interest Rate Policy; Monetary Policy |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-7908-2672-2 |
isbn_softcover | 978-3-7908-0128-6 |
isbn_ebook | 978-3-7908-2672-2Series ISSN 1615-6781 Series E-ISSN 1867-2027 |
issn_series | 1615-6781 |
copyright | Springer-Verlag Berlin Heidelberg 2004 |