Borradores de Economia
Número:
893
Publicado:
Clasificación JEL:
E43, E52, E58, F31
Palabras clave:
Central bank intervention, Simultaneous policies, Monetary shocks, Price puzzle
Lo más reciente
Jaime Alfredo Bonet-Moron, Jorge Guerra-España, Jhorland Ayala-García
Juliana Jaramillo-Echeverri, Andrea Sofía Otero-Cortés, Ana María Tribín-Uribe, Juanita Villaveces
Miguel Sarmiento, John Sebastian Tobar-Cruz, Andrés Esteban Casas-Fajardo, Eduardo Yanquen-Briñez
Many central banks that have opted for monetary autonomy have also been reluctant to relinquish control over the value of their currencies. As a result, they have operated through both interest rate and foreign exchange interventions. However, in the cont