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Persistent link: https://www.econbiz.de/10003801644
left foreign exchange intervention unsterilized when Japan entered the liquidity trap in 1999. According to previous … volatility at the turn of the millennium when Japanese foreign exchange intervention started to remain unsterilized …
Persistent link: https://www.econbiz.de/10003337476
/dollar exchange rate and the volatility in the yen/dollar markets. Using newly released data on Japanese foreign exchange intervention … effect on the same day, but at the cost of higher exchange rate volatility. Testing for the robustness of this finding we … show that the results are highly dependent on the time period. From 1991 to 1998 Japan's official currency purchases were …
Persistent link: https://www.econbiz.de/10014074708
/dollar exchange rate and the volatility in the yen/dollar markets. Using newly released data on Japanese foreign exchange intervention … effect on the same day, but at the cost of higher exchange rate volatility. Testing for the robustness of this finding we … show that the results are highly dependent on the time period. From 1991 to 1998 Japan's official currency purchases were …
Persistent link: https://www.econbiz.de/10014067235
left foreign exchange intervention unsterilized when Japan entered the liquidity trap in 1999. According to previous … volatility at the turn of the millennium when Japanese foreign exchange intervention started to remain unsterilized …
Persistent link: https://www.econbiz.de/10013317566
left foreign exchange intervention unsterilized when Japan entered the liquidity trap in 1999. According to previous … volatility at the turn of the millennium when Japanese foreign exchange intervention started to remain unsterilized. …
Persistent link: https://www.econbiz.de/10011604696
Persistent link: https://www.econbiz.de/10003364632
We use realized volatility to study the influence of central bank interventions on the yen/dollar exchange rate …. Realized volatility is a technical innovation that allows specifying a system of equations for returns, realized volatility … increase in volatility associated with interventions. During the period 1999 through 2004, the estimations are consistent with …
Persistent link: https://www.econbiz.de/10003366054
peg to the dollar. Since 1980, economic integration among Japan's neighbors - China, Hong Kong, Indonesia, Korea, Malaysia …, Philippines, Singapore, and Thailand - has intensified and (except for China) their business cycles have been highly synchronized … in other East Asian economies and that it is not a sensible policy option for Japan …
Persistent link: https://www.econbiz.de/10012729281
peg to the dollar. Since 1980, economic integration among Japan's neighbours - China, Hong Kong, Indonesia, Korea …, Malaysia, Philippines, Singapore and Thailand - has intensified and (except for China and Singapore) their business cycles have … policy option for Japan …
Persistent link: https://www.econbiz.de/10014075471