Foreign Exchange Intervention as a Monetary Policy Instrument : Evidence for Inflation Targeting Countries Paperback / softback
by Felix Hufner
Part of the ZEW Economic Studies series
Paperback / softback
Description
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.
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:175 pages, IX, 175 p.
- Publisher:Springer-Verlag Berlin and Heidelberg GmbH & Co. K
- Publication Date:01/12/2003
- Category:
- ISBN:9783790801286
Other Formats
- PDF from £38.24
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:175 pages, IX, 175 p.
- Publisher:Springer-Verlag Berlin and Heidelberg GmbH & Co. K
- Publication Date:01/12/2003
- Category:
- ISBN:9783790801286
