We study the impact of Japanese foreign exchange intervention on the volatility of the yen/dollar exchange rate since … results for the impact of foreign exchange intervention on the yen/dollar exchange rate volatility are inconclusive. Sub … 1990s Japanese foreign exchange intervention seems to have increased the volatility of the yen/dollar exchange rate. In …

Before the 1997-98 crisis, the East Asian economies—except for Japan—informally pegged their currencies to the dollar …. These soft pegs made them vulnerable to a depreciating yen thereby aggravating the crisis. To limit future misalignments …, the IMF wants East Asian currencies to float freely. Alternatively, authors have proposed increasing the weight of the yen …

During the 1990’s the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the … origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen …. Since prices have been exerting their influence on the Japanese currency in the long run, the high yen is explained with …

States of the European Union, to test if the same short-run increase in cyclical volatility arising from financial … mature market economies, reduces cyclical volatility both in the short and in the long run. Weak indications are found that …

from 1880 to 1996: The volatility of real commodity prices, defined as nominal commodity prices deflated by the …