The dynamic unsubstitutability of sterilization operations and neutral-intervention operations under dual exchange rates

DOI10.1007/BF01237194zbMATH Open1010.91077OpenAlexW2088682309MaRDI QIDQ1601977FDOQ1601977

Authors: Wen-Ya Chang, Ching-Chong Lai 

Publication date: 6 October 2002

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01237194

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zbMATH Keywords

dual exchange ratesneutral-intervention operationssterilization operations

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cited In (2)

• Modeling sterilized interventions and balance sheet effects of monetary policy in a New-Keynesian framework
• On the theory of sterilized foreign exchange intervention

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