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Is sterilized foreign exchange intervention effective after all? : An event study approach

Fatum, Rasmus; Hutchison, Michael M. - 1999

Persistent link: https://www.econbiz.de/10001362076

Aspects of Modern Monetary and Macroeconomic Policies

Arestis, Philip (ed.); Hein, Eckhard (ed.); … - 2007

Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...

Persistent link: https://www.econbiz.de/10012054254

The political economy of central banking : contested control and the power of finance, selected essays of Gerald Epstein

Epstein, Gerald A. - 2019

Joel Rogers (eds), the hidden election: Politics and economics in the 1980 presidential campaign, New York, NY, USA … imperiled economy: Book I: Macroeconomics from a left perspective, chapter 23, New York, NY, USA: The union for radical … Hills, CA, USA: Sage Publications, 1982, 211-40 -- 5. 'The Federal Reserve-treasury accord and the construction of the …

Persistent link: https://www.econbiz.de/10012251845

Is sterilized foreign exchange intervention effective after all? : an event study approach

Fatum, Rasmus; Hutchison, Michael M. - 1999

Central banks actively engage in sterilized foreign exchange market intervention despite numerous empirical studies indicating that these operations do not systematically affect the exchange rate. Are these policies misguided and central bankers irrational? Or is evidence showing the...

Persistent link: https://www.econbiz.de/10011536325