Showing 1 - 10 of 12
This article first reviews methods of foreign exchange intervention and then presents evidence - focusing on survey results - on the mechanics of such intervention. Types of intervention, instruments, timing, amounts, motivation, secrecy and perceptions of efficacy are discussed.
Persistent link: https://www.econbiz.de/10005360565
Svensson (2003) argues strongly that specific targeting rules*first order optimality conditions for a specific objective function and model*are normatively superior to instrument rules for the conduct of monetary policy. That argument is based largely upon four main objections to the latter plus...
Persistent link: https://www.econbiz.de/10005352773
May 30, 2012. "Demographics, Redistribution, and Optimal Inflation," with Carlos Garriga and Christopher J. Waller. Presented by Christopher Waller at the 2012 BOJ-IMES Conference Demographic Changes and Macroeconomic Performance.
Persistent link: https://www.econbiz.de/10010727313
Global Interdependence Center, Philadelphia, PA. June 30, 2009
Persistent link: https://www.econbiz.de/10010727335
Delivered at the Swedbank Economic Outlook Seminar, Stockholm, Sweden. May 27, 2010
Persistent link: https://www.econbiz.de/10010727346
Presentation at the Philadelphia Fed Policy Forum, Philadelphia - Nov. 30, 2001
Persistent link: https://www.econbiz.de/10005420416
Presentation to the First Conference of the Monetary Stability Foundation at the Regional Office of Deutsche Bundesbank, Frankfurt, Germany - Dec. 5, 2002
Persistent link: https://www.econbiz.de/10005420435
This paper investigates the effectiveness of forward guidance for the central banks of four countries: New Zealand, Norway, Sweden, and the United States. We test whether forward guidance improved market participants’ ability to forecast future short-term and long-term rates. We find that...
Persistent link: https://www.econbiz.de/10010600550
this result in a dynamic general equilibrium model where market participants have heterogeneous liquidity needs and where …
Persistent link: https://www.econbiz.de/10008690980
Presentation to the First Conference of the Monetary Stability Foundation at the Regional Office of Deutsche Bundesbank, Frankfurt, Germany - Dec. 5, 2002
Persistent link: https://www.econbiz.de/10011185040