IS IT SIGNALING - EXCHANGE INTERVENTION AND THE DOLLAR DEUTSCHEMARK RATE

被引：26
|
作者：
GHOSH, AR
机构：
[1] Woodrow Wilson School, Princeton University, Princeton
来源：
JOURNAL OF INTERNATIONAL ECONOMICS | 1992年 / 32卷 / 3-4期
关键词：
D O I：
10.1016/0022-1996(92)90017-E
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The portfolio balance channel for sterilised intervention is tested by examining the effects of changes in relative asset supplies on the dollar-Deutschemark rate during the 1980s. In contrast to previous studies. we control for any signalling effects of central bank intervention and find a weak, but statistically significant, portfolio balance influence on the exchange rate.
引用
收藏
页码：201 / 220
页数：20
相关论文
共 50 条
  • [21] EXCHANGE-RATE DYNAMICS - CASE OF DOLLAR
    SAU, R
    ECONOMIC AND POLITICAL WEEKLY, 1993, 28 (26) : 1394 - 1395
  • [22] Implicit bands in the yen/dollar exchange rate
    Ledesma-Rodriguez, Francisco
    Navarro-Ibanez, Manuel
    Perez-Rodriguez, Jorge
    Sosvilla-Rivero, Simon
    APPLIED ECONOMICS, 2011, 43 (10) : 1241 - 1255
  • [23] Implications of Yuan/dollar exchange rate for trade
    Hilland, Amy
    Devadoss, Stephen
    JOURNAL OF INTERNATIONAL TRADE LAW AND POLICY, 2013, 12 (03) : 243 - 257
  • [24] The US Dollar Exchange Rate and the Demand for Oil
    De Schryder, Selien
    Peersman, Gert
    ENERGY JOURNAL, 2015, 36 (03): : 263 - 285
  • [25] Monetary disequilibria and the euro/dollar exchange rate
    Nautz, Dieter
    Ruth, Karsten
    EUROPEAN JOURNAL OF FINANCE, 2008, 14 (08): : 701 - 716
  • [26] Productivity and the Euro-Dollar exchange rate
    Bernd Schnatz
    Focco Vijsellaar
    Chiara Osbat
    Review of World Economics, 2004, 140 : 1 - 30
  • [27] The dollar–euro exchange rate and monetary fundamentals
    Joscha Beckmann
    Dionysius Glycopantis
    Keith Pilbeam
    Empirical Economics, 2018, 54 : 1389 - 1410
  • [28] Productivity and the euro-dollar exchange rate
    Schnatz, B
    Vijselaar, F
    Osbat, C
    REVIEW OF WORLD ECONOMICS, 2004, 140 (01) : 1 - 30
  • [29] Income effects, exchange rate dynamics, and the Euro/Dollar rate
    Jarchow, HJ
    JAHRBUCHER FUR NATIONALOKONOMIE UND STATISTIK, 2002, 222 (04): : 421 - 439
  • [30] JUMPS AND STOCHASTIC VOLATILITY - EXCHANGE-RATE PROCESSES IMPLICIT IN PHLX DEUTSCHEMARK OPTIONS
    BATES, DS
    JOURNAL OF FINANCE, 1994, 49 (03): : 1050 - 1051
12345