Morel, Christophe; Teiletche, Jérôme - Université Paris-Dauphine (Paris IX) - 2008
The purpose of this paper is to analyze the impact of the Bank of Japan's official interventions on the JPY/USD parity during the period 1992–2004. The novelty of our approach is to combine two recent advances of the empirical literature on foreign exchange interventions: (i) drawing on...
