| Autor: |
prof. Roman Horváth Ph.D.,
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| Typ: |
Články v impaktovaných časopisech |
| Rok: |
2007 |
| Číslo: |
0 |
| ISSN / ISBN: |
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| Publikováno v: |
Economics Bulletin, 6, pp. 1-8 |
| Místo vydání: |
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| Klíčová slova: |
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| JEL kódy: |
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| Citace: |
Horvath, Roman, (2007) "Modelling Central Bank Intervention Activity under Inflation Targeting." Economics Bulletin, Vol. 6, No. 29 pp. 1-8 http://economicsbulletin.vanderbilt.edu/2007/volume6/EB-07F40018A.pdf |
| Abstrakt: |
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. |
