Fiche du document
28 novembre 2005
- doi: 10.3886/ICPSR01321.v1
- 1321
Mots-clés
foreign exchangeSujets proches
Cambistry International exchange Exchange, Foreign Foreign exchange problem Foreign currency Currency exchange FX (Finance) Foreign money ForexCiter ce document
Christopher J. Neely, « Analysis of Recent Studies of the Effect of Foreign Exchange Interventions », Inter-university Consortium for Political and Social Research, ID : 10.3886/ICPSR01321.v1
Métriques
Partage / Export
Résumé
Two recent strands of research have contributed to our understanding of the effects of foreign exchange intervention: (1) the use of high-frequency data and (2) the use of event studies to evaluate the effects of intervention. This article surveys recent empirical studies of the effect of foreign exchange intervention and analyzes the implicit assumptions and limitations of such work. After explicitly detailing such drawbacks, the paper suggests ways to better investigate the effects of intervention.
