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 …

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 …

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 …

aggregate data when a "treated" unit suffers an intervention, such as a policy change, and there is no obvious control group … intervention estimator diverges resulting in the rejection of the hypothesis of no intervention effect regardless of its existence …. Whereas, for the case when at least one cointegration relation exists, we have a T-consistent estimator for the intervention …

shadow economy. -- shadow economy ; tax morale ; governance quality ; government intervention ; corruption …

morale ; institutional quality ; government intervention ; corruption …