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Central bank intervention and exchange rate expectations : evidence from the daily DM/US-Dollar exchange rate

Reitz, Stefan - 2002

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/10011431685

Central bank intervention and heterogeneous exchange rate expectations : evidence from the daily DEM/US-dollar exchange rate

Reitz, Stefan - In: Open economies review 16 (2005) 1, pp. 33-50

Persistent link: https://www.econbiz.de/10003098282

Noise trading, central bank interventions, and the informational content of foreign currency options

Pierdzioch, Christian - 2001

Persistent link: https://www.econbiz.de/10001626608

Central Bank Intervention and Exchange Rate Expectations : Evidence from the Daily Dm/Us-Dollar Exchange Rate

Reitz, Stefan - 2016

Persistent link: https://www.econbiz.de/10012991271

The impact of FX central bank intervention in a noise trading framework

Beine, Michel; De Grauwe, Paul; Grimaldi, Marianna - In: Journal of banking & finance 33 (2009) 7, pp. 1187-1195

Persistent link: https://www.econbiz.de/10003842244

The impact of FX central bank intervention in a noise trading framework

Beine, Michel (contributor); De Grauwe, Paul (contributor); … - 2005

In this paper we investigate the effects of central bank interventions (CBI) in a noise trading model with chartists and fundamentalists. We first estimate a model in which chartists extrapolate past returns and fundamentalists forecast a mean reverting dynamics of the exchange rate towards a...

Persistent link: https://www.econbiz.de/10003113337