Frenkel, M.; Pierdzionc, C.; Stadtmann, G. - In: Banca Nazionale del Lavoro Quarterly Review 54 (2001) 218, pp. 249-287
We analyze the effectiveness of the foreign exchange market interventionsconducted by the European Central Bank (ECB) in the fall of 2000 to support the external stability of the euro. To this end, we discuss different channels through whichinterventions may influence exchange rate dynamics. We...
