[HTML][HTML] Speculative runs on interest rate pegs
M Bassetto, C Phelan - Journal of Monetary Economics, 2015 - Elsevier
We analyze a new class of equilibria that emerges when a central bank conducts monetary
policy by setting an interest rate (as an arbitrary function of its available information) and …
policy by setting an interest rate (as an arbitrary function of its available information) and …
[PDF][PDF] Speculative runs on interest rate pegs
M Bassetto, C Phelan - Journal of Monetary Economics, 2015 - core.ac.uk
abstract We analyze a new class of equilibria that emerges when a central bank conducts
monetary policy by setting an interest rate (as an arbitrary function of its available …
monetary policy by setting an interest rate (as an arbitrary function of its available …
[PDF][PDF] SPECULATIVE RUNS ON INTEREST RATE PEGS
M Bassetto, C Phelan - 2013 - Citeseer
We analyze a new class of equilibria that emerges when a central bank conducts monetary
policy by setting an interest rate (as an arbitrary function of its available information) and …
policy by setting an interest rate (as an arbitrary function of its available information) and …
Speculative runs on interest rate pegs
M Bassetto, C Phelan - Journal of Monetary Economics, 2015 - infona.pl
We analyze a new class of equilibria that emerges when a central bank conducts monetary
policy by setting an interest rate (as an arbitrary function of its available information) and …
policy by setting an interest rate (as an arbitrary function of its available information) and …
Speculative Runs on Interest Rate Pegs
M Bassetto, C Phelan - 2013 - nber.org
We analyze a new class of equilibria that emerges when a central bank conducts monetary
policy by setting an interest rate (as an arbitrary function of its available information) and …
policy by setting an interest rate (as an arbitrary function of its available information) and …
Speculative Runs on Interest Rate Pegs
M Bassetto, C Phelan - 2013 - policycommons.net
We analyze a new class of equilibria that emerges when a central bank conducts monetary
policy by setting an interest rate (as an arbitrary function of its available information) and …
policy by setting an interest rate (as an arbitrary function of its available information) and …
Speculative runs on interest rate pegs
M Bassetto, C Phelan - Journal of Monetary Economics, 2015 - discovery.ucl.ac.uk
We analyze a new class of equilibria that emerges when a central bank conducts monetary
policy by setting an interest rate (as an arbitrary function of its available information) and …
policy by setting an interest rate (as an arbitrary function of its available information) and …
Speculative Runs on Interest Rate Pegs
M Bassetto, C Phelan - 2013 - econpapers.repec.org
We analyze a new class of equilibria that emerges when a central bank conducts monetary
policy by setting an interest rate (as an arbitrary function of its available information) and …
policy by setting an interest rate (as an arbitrary function of its available information) and …
Speculative runs on interest rate pegs
M Bassetto, C Phelan - Journal of Monetary Economics, 2015 - experts.umn.edu
We analyze a new class of equilibria that emerges when a central bank conducts monetary
policy by setting an interest rate (as an arbitrary function of its available information) and …
policy by setting an interest rate (as an arbitrary function of its available information) and …
[PDF][PDF] Speculative Runs on Interest Rate Pegs
M Bassetto, C Phelan - eief.it
In this paper we show that interest rate rules lead to multiple equilibria when private agents
are limited in the amount of bonds that can be pledged to the central bank in exchange for …
are limited in the amount of bonds that can be pledged to the central bank in exchange for …