Número:
893
Publicado:
Clasificación JEL:
E43, E52, E58, F31
Palabras clave:
Central bank intervention, Simultaneous policies, Monetary shocks, Price puzzle
Lo más reciente
Sergi Basco, Jair Neftali Ojeda-Joya
Ligia Alba Melo-Becerra, Diego Vásquez-Escobar, María Isabel Alarcón-Obando, Giselle Tatiana Silva-Samudio
Karina Acosta, Juliana Jaramillo-Echeverri, Daniel Lasso Jaramillo, Alejandro Sarasti-Sierra
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