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文章基本信息

  • 标题:Modelling Central Bank Intervention Activity under Inflation Targeting
  • 本地全文:下载
  • 作者:Roman Horvath
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2007
  • 卷号:6
  • 出版社:Economics Bulletin
  • 摘要:Using daily data from the Czech Republic in 1/1/1998-31/12/2002, we find that foreign exchange intervention activity is determined by the degree of exchange rate misalignment and lagged intervention. Additionally, inflation targeting regime is a binding constraint of intervention activity.
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