Interventions and inflation expectations in an inflation targeting economy

In this paper we explore the role that exchange rate interventions may play in determining inflation expectations in Chile. To that end, we consider a set of nine deciles of inflation expectations coming from the survey of professional forecasters carried out by the Central Bank of Chile. We consider two episodes of preannounced central bank interventions during the sample period 2007-2012.

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Year of publication:	2013-09
Authors:	Pincheira, Pablo
Institutions:	Bank for International Settlements (BIS)
Subject:	Exchange rates \| inflation expectations \| inflation targeting \| interventions

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Extent:	application/pdf text/html
Series:	BIS Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 427 30 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010849792