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The Effects of Foreign Exchange Market Interventions of the Bank of Japan on the $/Yen Exchange Rate Volatility
Frenkel, Michael; Pierdzioch, Christian; Stadtmann, Georg - 2002
Bank of Japan (BoJ) and exchange rate volatility. We use official intervention data for the period 1993 - 2000 that were … released only recently by the BoJ and find that interventions of the BoJ increased the volatility of the $/yen exchange rate …
Persistent link: https://www.econbiz.de/10014117200
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Capital controls, exchange rate volatility and risk premium
Frenkel, Michael; Stadtmann, Georg - 2002
Persistent link: https://www.econbiz.de/10001707346
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Capital controls, exchange rate volatility and risk premium
Frenkel, Michael; Stadtmann, Georg - 2002
Capital controls lower the variability of the exchange rate and reduce the risk premium as well as the domestic interest rate. On the other hand, capital controls reduce the number of noise traders and, therefore, the risk-bearing capacity of the market, leading to higher interest rates and a...
Persistent link: https://www.econbiz.de/10010503713
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The Effects of Capital Controls on Exchange Rate Volatility and Output
Frenkel, Michael; Stadtmann, Georg; Schmidt, Gunter; … - 2021
, such capital controls have the merit of reducing the volatility of exchange rates following a monetary shock. On the other … hand, the implementation increases exchange rate volatility in the short run and induces costs for the real sector in the …
Persistent link: https://www.econbiz.de/10013317786
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The Effects of Capital Controls on Exchange Rate Volatility and Output
Frenkel, Michael; Nickel, Christiane; Schmidt, Gunter; … - 2003
, such capital controls have the merit of reducing the volatility of exchange rates following a monetary shock. On the other … hand, the implementation increases exchange rate volatility in the short run and induces costs for the real sector in the …
Persistent link: https://www.econbiz.de/10014122083
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Exchange Rate Volatility in a Target Zone : The Czech Experience
Stadtmann, Georg; Funke, Katja - 2002
This paper analyzes the effects of changes in the Czech exchange rate mechanism on the volatility of the Czech spot … exchange rate. While related studies draw the conclusion that exchange rate volatility decreased after the widening of the … to a refined estimation technique, it becomes apparent that an increase rather than a decline in volatility has taken …
Persistent link: https://www.econbiz.de/10014119355
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The Effects of Japanese Foreign Exchange Market Interventions on the Yen/U.S. Dollar Exchange Rate Volatility
Frenkel, Michael; Pierdzioch, Christian; Stadtmann, Georg - 2003
Bank of Japan (BoJ) and exchange rate volatility. We use official intervention data for the period 1993-2000 that were … released only recently by the BoJ and find that the interventions of the BoJ increased the volatility of the yen/U.S. dollar … press, were positively correlated with exchange rate volatility. …
Persistent link: https://www.econbiz.de/10010260629
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The effects of Japanese foreign exchange market interventions on the Yen/US dollar exchange rate volatility
Frenkel, Michael; Pierdzioch, Christian; Stadtmann, Georg - 2003
Persistent link: https://www.econbiz.de/10001760406
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The effects of Japanese foreign exchange market interventions on the yen/US dollar exchange rate volatility
Frenkel, Michael (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001760408
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Exchange rate volatility in a target zone: the czech experience
Funke, Katja; Stadtmann, Georg - In: Economics of transition : theory, experiences and EU …, (pp. 469-477). 2001
Persistent link: https://www.econbiz.de/10001672249