Capital Flows in a Transitional Economy and the Sterilization Dilemma : The Hungarian Case /

This paper compares Hungary's experience with sterilization with that of other capital inflow episodes. The study focuses on the short-run impact of sterilization on monetary policy. The empirical data indicate that sterilized interventions by the National Bank of Hungary (NBH) were not signifi...

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Bibliografski detalji
Glavni autor: Siklos, Pierre
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1996.
Serija:IMF Working Papers; Working Paper ; No. 1996/086
Online pristup:Full text available on IMF