Central bank interventions in a dollarized economy: managed floating versus inflation targeting
Sign Up to like & getrecommendations! Published in 2018 at "Empirical Economics"
DOI: 10.1007/s00181-017-1331-5
Abstract: Effects of interventions by the Banco Central de Reserva del Peru (BCRP) on the sol/USD exchange rate are studied. The BCRP is currently committed to following an inflation-targeting (IT) regime to intervene in the foreign… read more here.
Keywords: sol usd; inflation targeting; managed floating; exchange ... See more keywords
Systematic Managed Floating
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DOI: 10.1007/s11079-019-09528-8
Abstract: A majority of countries neither freely float their currencies nor firmly peg. But most of the remainder in practice also don’t obey such well-defined intermediate exchange rate regimes as target zones. This paper proposes to… read more here.
Keywords: systematic managed; managed floating; exchange; exchange rate ... See more keywords
Exchange Rate Regimes in the ASEAN: Would a Currency Union Outperform the Independent Managed Floating Regimes?
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DOI: 10.11130/jei.2021.36.1.72
Abstract: This paper compares the macroeconomic and welfare performances of the currency union against those from the independent managed floating regime using a two open-country DSGE model with the foreign currency denomination of private debt. The… read more here.
Keywords: currency; managed floating; floating regimes; independent managed ... See more keywords