Interventions and inflation expectations in an inflation targeting economy

Pablo Pincheira

In this paper we explore the role that exchange rate interventions may play in determining inflation expectations in Chile. To that end, we consider a set of nine deciles of inflation expectations coming from the survey of professional forecasters carried out by the Central Bank of Chile. We consider two episodes of preannounced central bank interventions during the sample period 2007 - 2012.

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Year of publication:	2013
Authors:	Pincheira, Pablo
Publisher:	[Basel] : Bank for Internat. Settlements
Subject:	Wechselkurspolitik \| Exchange rate policy \| Inflationserwartung \| Inflation expectations \| Inflationssteuerung \| Inflation targeting \| Chile \| 2007-2012

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Extent:	27 S. graph. Darst. 30 cm
Series:	BIS working papers. - Basle, ISSN 1020-0959, ZDB-ID 1482126-6. - Vol. 427
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Parallel als Online-Ausg. erschienen
Source:	ECONIS - Online Catalogue of the ZBW

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