Coche, Joachim; Koivu, Matti; Nyholm, Ken; Poikonen, Vesa - 2006
This paper studies the implications of introducing an explicit policy objective to the management of foreign reserves … at a central bank. A dynamic model is developed which links together reserves management and the exchange rate by foreign …
ISSN 1561081-0
9 771561 081005
WORKING PAPER SERIES
NO 624 / MAY 2006
FOREIGN RESERVES
MANAGEMENT SUBJECT
TO A …