Loeffler, Axel; Schnabl, Gunther; Schobert, Franziska - Wirtschaftswissenschafltiche Fakultät, Universität Leipzig - 2013
repression, or rising inflation or both. Assuming that a debtor central bank moved towards a freely floating exchange rate to … Asian central banks have accumulated large stocks of foreign reserves. As the resulting easing of monetary conditions has … become a threat to domestic price and financial stability, the East Asian central banks have embarked on substantial …