Foreign exchange intervention redux
Arguably no issue in International Macroeconomics exhibits more dissonance between academic research and policy practice than foreign-exchange intervention. The dominant view from academia is that sterilized foreign-exchange (FX) intervention has a tiny if any impact on real variables which makes it...
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Format: | Artículo |
Language: | eng |
Published: |
Banco Central de Chile
2019
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Subjects: | |
Online Access: | https://hdl.handle.net/20.500.12580/3870 |
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