Overshootings and reversals: the role of monetary policy
Does tight monetary policy stabilize the currency after a collapse?. Does the effect of high interest rates on the exchange rate depend on the condition of the banking system? The East Asian crises and other recent currency crises have put these questions at the center of economic policymaking decis...
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Autores principales: | Goldfajn, Ilan, Gupta, Poonam |
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Formato: | Artículo |
Lenguaje: | eng |
Publicado: |
Banco Central de Chile
2019
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Materias: | |
Acceso en línea: | https://hdl.handle.net/20.500.12580/3644 |
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