@unpublished{mpra914,
           title = {Modelling Central Bank Intervention Activity under Inflation Targeting},
            note = {Unpublished},
            year = {2006},
           month = {May},
          author = {Horvath, Roman},
             url = {https://mpra.ub.uni-muenchen.de/914/},
        keywords = {Foreign exchange intervention; central bank; inflation targeting},
        abstract = {Using daily data from the Czech Republic in 1/1/1998-31/12/2002, we find that foreign exchange intervention activity is determined by the degree of exchange rate misalignment and lagged intervention. Additionally, inflation targeting regime is a binding constraint of intervention activity.}
}