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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Bibliographic Details
Main Author: Chang, Roberto
Format: Artículo
Language:eng
Published: Banco Central de Chile 2019
Subjects:
Online Access:https://hdl.handle.net/20.500.12580/3870
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