Exchange rate interventions and inflation expectations in an inflation targeting Economy

Abstract: We explore the impact of exchange rate interventions on inflation expectations and exchange rates in Chile. We consider two episodes of central bank interventions during the sample period 2007-2012. Our analysis indicate that interventions did have an impact on daily exchange rate returns....

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Autor principal: Pincheira Brown,Pablo
Lenguaje:English
Publicado: ILADES. Universidad Alberto Hurtado. 2018
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702018000200043
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