Fletta eftir DOI "doi.org/10.24122/tve.a.2016.13.1.4"

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Do Interest Rates Affect the Exchange Rate Under Capital controls? An event study of Iceland’s experience with capital controls

Arnórsson, Ágúst; Zoega, Gylfi (Viðskiptafræðideild og hagfræðideild Háskóla Íslands, viðskiptafræðideild Háskólans í Reykjavík og Seðlabanki Íslands., 2016)

We study Iceland’s experience with capital controls, in particular whether changes in the central bank’s policy rate affected the exchange rate under the capital control regime from 2009 to 2015.We find that both actual changes and unexpected changes ...