Monetary authorities commonly use interventions in foreign exchange markets to influence exchange rates. This paper uses Taiwan's data to show that how interventions respond to external shocks representing depreciation or appreciation pressures depends on other objectives of the monetary...

This study examines beauty and its effect on real estate agents’ wages. We develop a model of beauty and real estate agent wages, performing empirical tests of the theory. We apply Two-Stage Least Squares (2SLS) methodology to a combined data set that includes multiple listing service data and...