García-Verdú, Santiago; Francia, Manuel Ramos - Banco de México - 2014
Peru due to interventions implemented by these countries. For this purpose, we first estimate the risk-neutral densities of … model, we assess possible effects on the distributions of the expected exchange rates due to these interventions. We find … economically significant. On the other hand, we find evidence that interventions which objective is to restore and/or assure the …