✦ LIBER ✦

Myths and reality of foreign exchange interventions: an application to Japan

✍ Scribed by Takatoshi Ito

Publisher: John Wiley and Sons
Year: 2007
Tongue: English
Weight: 244 KB
Volume: 12
Category: Article
ISSN: 1076-9307
DOI: 10.1002/ijfe.336

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

The objective of this paper is to examine what we know, and do not know, about foreign exchange interventions by the monetary authorities, and to present some new evidence on the Japanese intervention activities. With limited data, efforts are made to determine whether some conventionally made assertions are a myth or a fact. Copyright © 2007 John Wiley & Sons, Ltd.

📜 SIMILAR VOLUMES

Cointegration of stochastic multifractal

Cointegration of stochastic multifractals with application to foreign exchange rates

✍ V.V. Anh; Q.M. Tieng; Y.K. Tse 📂 Article 📅 2000 🏛 John Wiley and Sons 🌐 English ⚖ 270 KB

An application of augmented reality to t

An application of augmented reality to thickness inspection

✍ Kyung H. Chung; John P. Shewchuk; Robert C. Williges 📂 Article 📅 1999 🏛 John Wiley and Sons 🌐 English ⚖ 209 KB

An experiment was conducted to evaluate the use of augmented reality (AR) for thickness inspection of manufactured parts. The inspection task consisted of determining the thickness of flatbottomed parts via measurements, taken at predetermined locations and in a specified sequence, using a vernier h

Estimation of a simple agent-based model

Estimation of a simple agent-based model of financial markets: An application to Australian stock and foreign exchange data

✍ Simone Alfarano; Thomas Lux; Friedrich Wagner 📂 Article 📅 2006 🏛 Elsevier Science 🌐 English ⚖ 183 KB

Unit roots in the presence of abrupt gov

Unit roots in the presence of abrupt governmental interventions with an application to Brazilian data

✍ Regina Celia Cati; Marcio G. P. Garcia; Pierre Perron 📂 Article 📅 1999 🏛 John Wiley and Sons 🌐 English ⚖ 233 KB 👁 2 views

This paper considers econometric issues related to time-series data that have been subject to abrupt governmental interventions. The motivating example for this study is the Brazilian monthly in¯ation rate (1974 : 1±1993 : 6) which we use throughout for illustration. This series has been heavily in¯

Adaptive estimation of cointegrated mode

Adaptive estimation of cointegrated models: simulation evidence and an application to the forward exchange market

✍ Douglas J. Hodgson 📂 Article 📅 1999 🏛 John Wiley and Sons 🌐 English ⚖ 285 KB 👁 1 views

The paper reports simulation and empirical evidence on the ®nite-sample performance of adaptive estimators in cointegrated systems. Adaptive estimators are asymptotically ecient, even when the shape of the likelihood function is unknown. We consider two representations of cointegrated systems Ð tria

Comment: on the estimation of simultaneo

Comment: on the estimation of simultaneous-equations error-components models with an application to a model of developing country foreign trade

✍ Steven S. Vickner; Stephen P. Davies 📂 Article 📅 1998 🏛 John Wiley and Sons 🌐 English ⚖ 49 KB 👁 2 views

## REFERENCE Kinal, T. and K. Lahiri (1993) , `On the estimation of simultaneous-equations error-components models with an application to a model of developing country foreign trade', Journal of Applied Econometrics, 8, 81±92.