A survey on the effects of sterilized foreign exchange intervention

Thumbnail Image
Download
Borradores de Economía; No. 862

Date published

2015-01-16

Date

2015-01-16

Authors

Villamizar-Villegas, Mauricio
Perez-Reyna, David

Part of book title

ISSN

ISBN

Document language

spa
Metrics
downloads: 0
abstract_views: 0

Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

In this paper we survey prominent theories that have shaped the literature on sterilized foreign exchange interventions. We identify three main strands of literature: 1) that which advocates the use of sterilized interventions; 2) that which deems sterili

Description

JEL Codes

E52 - Monetary Policy
E58 - Central Banks and Their Policies
F31 - Foreign Exchange

Temática

Keywords

Keywords

Sterilized foreign exchange intervention , Impossible trinity , Portfolio balance channel , Signaling channel , Uncovered interest rate parity

Citation

URI

https://repositorio.banrep.gov.co/handle/20.500.12134/6150
 https://hdl.handle.net/20.500.12134/6150
 https://ideas.repec.org/p/bdr/borrec/862.html
 https://doi.org/10.32468/be.862

Collections

Borradores de Economía

Seleccionar año de consulta:
Full item page

Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial 4.0.

Este documento ha sido depositado por parte de el(los) autor(es) bajo la siguiente constancia de depósito