Announcements are not enough : foreign exchange intervention under imperfect credibility
Author:
Publisher
Banco de la República
Reference7 articles.
1. 0. Basu, K. (2012): "How to devalue exchange rates, without building up reserves: Strategic theory for central banking," Economics Letters, 117(3), 758-761.
2. 1. Devereux, M. B. (2004): "Should the exchange rate be a shock absorber?," Journal of International Economics 62(2), 359-377.
3. 2. Engel, C. (2011): "Currency misalignments and optimal monetary policy: a reexamination," American Economic Review 101(6), 2796-2822.
4. 3. Garcia, C. J.; J. E. Restrepo; and, S. Roger (2011): "How much should inflation targeters care about the exchange rate?," Journal of International Money and Finance 30(7), 1590-1617.
5. 4. Hericourt J. and S. Poncet (2015): "Exchange rate volatility, financial constraints and trade: Empirical evidence from Chinese firms," World Bank Economic Review, 29(3), 550-578.
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