TY - GEN AU - Gomez Gonzalez, Jose Eduardo AU - Parra Polania, Julian Andres AU - Villamizar Villegas, Mauricio PY - 15 SN - 1467-8586 UR - http://hdl.handle.net/10818/52137 AB - Central banks in emerging countries frequently build-up (diminish) reserves while attempting to depreciate (appreciate) their currencies. Even if these interventions are effective, they often entail various costs. Basu (2012), nonetheless, proposes a... AB - Los bancos centrales de los paises emergentes con frecuencia acumulan (disminuyen) reservas mientras intentan depreciar (apreciar) sus monedas. Incluso si estas intervenciones son efectivas, a menudo implican varios costos. Basu (2012), sin embargo,... LA - eng PB - Bulletin of Economic Research KW - Foreign KW - Credibility KW - Intervention KW - Exterior KW - Credibilidad KW - Intervencion TI - More than words: foreign exchange intervention under imperfect credibility DO - 10.1111/boer.12268 ER -