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corner solutions. These intermediate regimes are characterized by significant foreign exchange market interventions of … different forms of floating on the basis of a central bank's intervention activity: pure floating (no interventions … interventions and sterilization and we explain why a central bank has an interest of controlling simultaneously the exchange rate …
Persistent link: https://www.econbiz.de/10010305769
This paper is the first attempt to assess the impact of official FOREX interventions of the three major central banks … Bayesian framework developed by Bos and Shephard (2004). Our results show that in general, the concerted interventions tend to … affect the dynamics of both currency components of the exchange rate. In contrast, unilateral interventions are found to …
Persistent link: https://www.econbiz.de/10010325246
The need to address extreme poverty from the perspective of marginality arises from the frustration that the number of the poorest and hungry remains unacceptably high. This triggered the call for an innovative approach from the side of science and action. The conceptual and analytical framework...
Persistent link: https://www.econbiz.de/10010327503
-term evaluations of adolescent interventions, but workplace-based programs that teach character skills are promising. The common … feature of successful interventions across all stages of the life cycle through adulthood is that they promote attachment and … provide a secure base for exploration and learning for the child. Successful interventions emulate the mentoring environments …
Persistent link: https://www.econbiz.de/10010329163
Abstract Non-manipulable factors, such as gender or race have posed conceptual and practical challenges to causal analysts. On the one hand these factors do have consequences, and on the other hand, they do not fit into the experimentalist conception of causation. This paper addresses this...
Persistent link: https://www.econbiz.de/10014610882
Abstract This paper provides empirical interpretation of the do(x) operator when applied to non-manipulable variables such as race, obesity, or cholesterol level. We view do(x) as an ideal intervention that provides valuable information on the effects of manipulable variables and is thus...
Persistent link: https://www.econbiz.de/10014610895
The bulk of recent literature on foreign exchange interventions has overlooked the potential interdependencies that may …
Persistent link: https://www.econbiz.de/10010273432
This paper presents a theoretical framework analysing the signalling channel of exchange rate interventions as an … theoretical premise of the model is that interventions convey signals that communicate information about the exchange rate … objectives of central bank. The model is used to analyse the impact of Japanese FX interventions during the period 1999 -2011 on …
Persistent link: https://www.econbiz.de/10010278897
interventions for developing an innovation culture that facilitates radicalproduct innovation. Cerulean designs and manufactures … facilitate radical productinnovation. The design of the interventions was also informed by the literature andother organizations …, part of a national Discontinuous Innovation Forum (DIF)undergoing similar ambitions. The proposed interventions comprise a …
Persistent link: https://www.econbiz.de/10009463108
interventions. Our findings indicate that the most influential interventions are based on scientific knowledge and efficacy salience …
Persistent link: https://www.econbiz.de/10012270104