Objectives and effectiveness of foreign exchange market intervention. A survey of the empirical literature
PSL Quarterly Review
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Title |
Objectives and effectiveness of foreign exchange market intervention. A survey of the empirical literature
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Creator |
ALMEKINDERS, G.J.
EIJFFINGER, S. |
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Subject |
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Central bank policy, Foreign exchange markets, Intervention E58, F31 |
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Description |
Economists disagree as to whether there is any necessity for central bank intervention in the foreign exchange markets, given a free floating system. The aim of this literature survey is to assess the objectives of central banks when they enter the foreign exchange market and to consider their effectiveness. The authors conclude that the importance of intervention lies in its news impact and associated expectation effects.
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Publisher |
Economia civile
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Contributor |
—
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Date |
2013-10-22
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10935
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Source |
PSL Quarterly Review; Vol 44, No 176 (1991)
PSL Quarterly Review; Vol 44, No 176 (1991) 2037-3643 ISSN 2037-3635 |
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Language |
eng
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Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10935/10814
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Rights |
Copyright (c) 2016 G.J. ALMEKINDERS, S. EIJFFINGER
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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