volatility at the turn of the millennium when Japanese foreign exchange intervention started to remain unsterilized …

We use realized volatility to study the influence of central bank interventions on the yen/dollar exchange rate … successful interventions, both in depreciating the yen and in reducing exchange rate volatility …. Realized volatility is a technical innovation that allows specifying a system of equations for returns, realized volatility …

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 exe rting their influence on the Japanese currency in the long-run, the high yen is explained with …

The paper analyses the causality between the Japanese-US relative export prices and the yen-dollar exchange rate. It … explains why the Japanese yen proved strong even during the economic slump of the 1990s. The paper suggests that the … appreciation of the Japanese yen forced the Japanese enterprises into price reductions and productivity increases, which put a …

We test for the impact of exchange rate volatility on growth in emerging market economies based on the theory of …

We test for the impact of exchange rate volatility on growth in emerging market economies based on the theory of …

The paper investigates the impact of exchange rate volatility on growth in Emerging Europe and East Asia. Exchange … panel estimations provide evidence for a negative impact of exchange rate volatility on growth both in Emerging Europe and …

/dollar exchange rate and the volatility in the yen/dollar markets. Using newly released data on Japanese foreign exchange intervention …In this paper we test for the short-term impact of foreign exchange intervention on both the level of the yen …, our global GARCH estimation suggests that Japanese foreign exchange interventions between 1991 and 2002 had the intended …

/dollar exchange rate and the volatility in the yen/dollar markets. Using newly released data on Japanese foreign exchange intervention …In this paper we test for the short-term impact of foreign exchange intervention on both the level of the yen …, our global GARCH estimation suggests that Japanese foreign exchange interventions between 1991 and 2002 had the intended …