Foreign exchange reserves, imperfect substitutability of financial assets and the monetary policy quadrilemma
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More about this item
Keywords
International reserves; foreign exchange intervention; monetary policy trilemma; quadrilemma; stock-flow consistent modelling;All these keywords.
JEL classification:
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2022-10-24 (Central Banking)
- NEP-MON-2022-10-24 (Monetary Economics)
- NEP-OPM-2022-10-24 (Open Economy Macroeconomics)
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