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Government Actions and Interventions, More Harm Than Good?
Government Actions Interventions
2015/8/3
IN THE SUMMER OF 2007 at the
annual Jackson Hole international
conference for central bankers
and financial officials I provided
evidence that excessively low
interest rates set by the United
St...
Optimal intervention in the foreign exchange market when interventions affect market dynamics
exchange rate optimal impulse control quasi-variational inequalities stopping times
2010/11/2
We address the problem of optimal Central Bank intervention in the exchange rate market when interventions create feedback in the rate dynamics. In particular, we extend the work done on optimal impul...