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Offset and sterilization under fixed exchange rates with an optimizing central bank

Roubini, Nouriel - 1988

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Offset and sterilization under fixed exchange rates with an optimizing central bank

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Why China should abandon its dollar peg

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Asia is learning the wrong lessons from its 1997 - 98 financial crisis : the rising risks of a new and different type of financial crisis in Asia

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Offset and Sterilization Under Fixed Exchange Rates With An Optimizing Central Bank

Roubini, Nouriel - 1988

The traditional approach to the estimation of the offset and sterilization equations can be criticized for the ad-hoc specification of the reaction function of the monetary authorities and the endogeneity of the domestic credit and foreign reserve variables in the estimated equations. The paper...

Persistent link: https://www.econbiz.de/10012476283