Two targets, two instruments: Monetary and exchange rate policies in emerging market economies

AR Ghosh, JD Ostry, M Chamon - Journal of International Money and …, 2016 - Elsevier
This paper examines the case for using two instruments—the policy interest rate and
sterilized foreign exchange market intervention—in emerging market countries seeking to …

Foreign exchange reserve accumulation in emerging markets: what are the domestic implications?

MS Mohanty, P Turner - BIS Quarterly Review, September, 2006 - papers.ssrn.com
This paper discusses some of the domestic implications of the recent large-scale use of
foreign exchange intervention by emerging market economies to resist currency …

On the effectiveness of exchange rate interventions in emerging markets

C Daude, EL Yeyati, AJ Nagengast - Journal of International Money and …, 2016 - Elsevier
We analyze the effectiveness of exchange rate interventions for a panel of 18 emerging
market economies during the period 2003–2011. Using an error-correction model approach …

[图书][B] Monetary policy in the new normal

MT Bayoumi, MG Dell'Ariccia, MKF Habermeier… - 2014 - books.google.com
The proposed SDN would take stock of the current debate on the shape that monetary policy
should take after the crisis. It revisits the pros and cons of expanding the objectives of …

[图书][B] The role of the exchange rate in inflation-targeting emerging economies: Targeting emerging economies

A Nordstrom, MS Roger, MMR Stone, S Shimizu… - 2009 - books.google.com
This paper explores the role of exchange rates in emerging economies with inflation-
targeting regimes, an issue that has become especially germane during the current episode …

Inflation targeting, reserves accumulation, and exchange rate management in Latin America

R Chang - Borradores de Economía; No. 487, 2008 - repositorio.banrep.gov.co
PORTADA 2008 colorREal Page 1 Inflation Targeting, Reserves Accumulation, and
Exchange Rate Management in Latin America Por: Roberto Chang No. 487 2008 Page 2 …

[PDF][PDF] Políticas cambial e monetária: os dilemas enfrentados por países emissores de moedas periféricas

B De Conti - Phd diss, State University of Campinas and Centre d' …, 2011 - core.ac.uk
A jornada de elaboração de uma tese é extremamente extensa. Extensa no período
compreendido entre a preparação do projeto inicial e o momento do ponto final. Extensa …

[图书][B] Macroprudential policy: Taming the wild gyrations of credit flows, debt stocks and asset prices

R Barwell - 2013 - Springer
This book is about the policy regime that is being put in place in most jurisdictions in one
form or another to prevent a recurrence of the crisis that has engulfed the global economy …

Central bank views on foreign exchange intervention

MS Mohanty, B Berger - BIS Paper, 2013 - papers.ssrn.com
This note reviews central banks' views on the objectives, methods and effectiveness of
foreign exchange intervention, according to their responses to a survey questionnaire. Due …

On the effectiveness of exchange rate interventions in emerging markets

C Daude, EL Yeyati, A Nagengast - 2014 - oecd-ilibrary.org
We analyse the effectiveness of exchange rate interventions for a panel of 18 emerging
market economies during the period 2003-11. Using an error-correction model approach …