Search Results - subject:"foreign exchange intervention"

Foreign exchange interventions in a small emerging market: the case of Croatia

Égert, Balázs; Lang, Maroje - In: Economic Change and Restructuring 39 (2006) 1, pp. 35-62

Persistent link: https://www.econbiz.de/10005674053

The Effects of Japanese Foreign Exchange Intervention: GARCH Estimation and Change Point Detection

Hillebrand, Eric; Schnabl, Gunther - EconWPA - 2004

We study the impact of Japanese foreign exchange intervention on the volatility of the yen/dollar exchange rate since … results for the impact of foreign exchange intervention on the yen/dollar exchange rate volatility are inconclusive. Sub … 1990s Japanese foreign exchange intervention seems to have increased the volatility of the yen/dollar exchange rate. In …

Persistent link: https://www.econbiz.de/10005556654

Weak Economy and Strong Currency - The Origins of the Strong Yen in the 1990s

Schnabl, Gunther - EconWPA - 2004

During the 1990’s the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen-dollar exchange rate. It comes to the conclusion that real...

Persistent link: https://www.econbiz.de/10005556664

Foreign Exchange Intervention, Policy Objectives and Macroeconomic Stability

Vitale, Paolo - C.E.P.R. Discussion Papers - 2001

Within a simple model of monetary policy for an open economy, we study how foreign exchange intervention may be used to … condition agents' beliefs of the objectives of the policymakers. Differently from cheap talk foreign exchange intervention … guarantees a unique equilibrium. Foreign exchange intervention does not bring about a systematic policy gain, such as an increase …

Persistent link: https://www.econbiz.de/10005124447

Évaluation du processus d'intégration monétaire au sein du Système Monétaire Européen

Galy, Michel - Volkswirtschaftliche Fakultät, … - 1985

The question whether the European Monetary System has brought about a reduction in the variability of its members' exchange rates is not a trivial issue since central rates are adjustable and bilateral exchange rates are allowed to move freely within fairly large margins. In this paper I have...

Persistent link: https://www.econbiz.de/10011185689

Monetary Policy and the Exchange Rate in Colombia

Vargas, Hernando - Banco de la Republica de Colombia

The role of the exchange rate and the exchange rate regime in the monetary policy decision-making process in Colombia is described. The rationale for the intervention of the Central Bank in the FX market is explained and the experience in this regard is reviewed. Special attention is given to...

Persistent link: https://www.econbiz.de/10009021428