Número:
835
Publicado:
Clasificación JEL:
E31, E43, E52, E58, F31
Palabras clave:
Central bank intervention, Simultaneous policies, Monetary shocks, Price puzzle
Lo más reciente
Jaime Alfredo Bonet-Moron, Jhorland Ayala-García
Many central banks, particularly in the developing world, aim for exchange rate stability as a macroeconomic goal. However, most are reluctant to relinquish monetary policy autonomy, so they end up operating through both interest rate and foreign exchange