Fatum, Rasmus (contributor); Pedersen, Jesper (contributor) - 2007
.pedersen@econ.ku.dk
Abstract: This paper investigates the real-time effects of foreign exchange intervention using
official intraday intervention … data provided by the Danish central bank. Denmark is currently
pursuing an active intervention policy under the provisions …, Diebold and Vega
(2003) and an array of robustness tests. We find that intervention exerts a statistically and
economically …