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The paper analyses whether communication and actual interventions in FX markets are successful in moving exchange rates over the medium- to long-run. It compares empirical evidence based on time-series analysis with that obtained from an eventstudy approach. Both the time-series approach based...
Persistent link: https://www.econbiz.de/10005070384
selectively participate in social activities). We describe a quasi-experimental intervention in one municipality of Japan designed … ‘salons’ (or community centers). In this quasi-experimental intervention study, we compared 158 participants with 1391 non …
Persistent link: https://www.econbiz.de/10010737789
The financial crisis and subsequent economic recession led to a rapid increase in the issuance of public debt. But large-scale purchases of bonds by the Federal Reserve, and other major central banks, have significantly reduced the scale and maturity of public debt that would otherwise have been...
Persistent link: https://www.econbiz.de/10010859424
We estimate an aggregate econometric model of the industrial economies using annual data drawn from the postwar period. The model includes equations for GDP, inflation, interest rates and non-oil commodity prices. GDP and inflation reflect the evolution of aggregate supply and demand while...
Persistent link: https://www.econbiz.de/10005504228
Federal Reserve purchases of bonds in recent years have meant that a smaller proportion of long-dated government debt has had to be held by other investors (private sector and foreign official institutions). But the US Treasury has been lengthening the maturity of its issuance at the same time....
Persistent link: https://www.econbiz.de/10010680830
bank intervention on exchange rates. Within a heterogeneous expectations exchange rate model intervention operations are … to daily US-dollar/DEM forward rates and intervention data of the Deutsche Bundesbank and the Federal Reserve from 1979 …
Persistent link: https://www.econbiz.de/10005059033
intervention locations, an impact index is put forward. The spatial distribution of these impact indexes in the interventions’ area … situations, a measure of the intervention process and its impact can be obtained. …
Persistent link: https://www.econbiz.de/10010992088
robust to the random intervention of a truthful regulator. In addition, intervention significantly increases the excessive … intervention. We offer a theoretical explanation for the behavior of senders and receivers, using a logit agent quantal response … of this model. Moreover, we find that the lying cost is significantly higher under intervention, implying that truthful …
Persistent link: https://www.econbiz.de/10010994711
. This study tested a group savoring the moment intervention to increase positive outcomes and decrease negative outcomes … over 2 weeks. The sample consisted of 193 undergraduate students who completed both sessions (94 intervention and 99 … control condition). The intervention group experienced significant decreases in self-reported depressive symptoms and negative …
Persistent link: https://www.econbiz.de/10010999104
This study investigates the relation between leisure activities and the social status of the elderly based on a heterogeneous sample of the Dutch population. Close relationships are also analyzed to identify which people could serve as successful stimulators of leisure participation. The social...
Persistent link: https://www.econbiz.de/10010848544