Two Targets, Two Instruments

Atish R. Ghosh · Jonathan David Ostry · Marcos Chamon

198 citations0/0 files storedIMF staff discussion note

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Monetary Policy and Economic Impact Global Financial Crisis and Policies Economic Theory and Policy

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Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

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References

1976Expectations and Exchange Rate Dynamics 1963Capital Mobility and Stabilization Policy Under Fixed and Flexible Exchange Rates 1984Forward and spot exchange rates 2000Fear of Floating 1962Domestic Financial Policies Under Fixed and Under Floating Exchange Rates 2002Monetary Policy and Exchange Rate Volatility in a Small Open Economy 2007Real Wage Rigidities and the New Keynesian Model 1952On the Theory of Economic Policy

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2018Fostering Green Investments and Tackling Climate-Related Financial Risks: Which Role for Macroprudential Policies?2019Channels of US monetary policy spillovers to international bond markets 2013Rethinking Macro Policy II 2014Emerging Market Volatility 2017Monetary policy and bank risk-taking: Evidence from emerging economies 2017FX interventions in Brazil: A synthetic control approach

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