Fischer, Andreas M; Zurlinden, Mathias - In: Economic Journal 109 (1999) 458, pp. 662-76
The impact of sterilised interventions by the Swiss National Bank on the Swiss franc/U.S. dollar exchange rate is examined for the 1986-94 period. The paper extends results from earlier studies by using the actual prices of interventions. Based on the fact that all Swiss National Bank...
