Showing 1 - 10 of 121
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/10010295734
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
intervention policy of intra-marginal operations successfully managed an informal target zone in the foreign exchange market. …
Persistent link: https://www.econbiz.de/10010292728
Zwei sicherheitspolitische Schlüsselbegriffe der 1990er Jahre sind Intervention und Krisenprävention: Beide Konzepte …Two key terms of the 1990s relating to security policy are intervention and prevention of crisis. During the 1990s both …
Persistent link: https://www.econbiz.de/10010299209
Academic literature on foreign exchange market intervention in emerging market countries has grown in recent years … intervention dynamics. The used methodology allows to disentangle the evolution of intervention objectives and their effectiveness …. Furthermore, the development of intervention relationships should be backed by corresponding economic and monetary policy …
Persistent link: https://www.econbiz.de/10010300836
To test if safety nets create moral hazard in the banking industry, we develop a simultaneous structural two-equations model that specifies the probability of a bailout and banks' risk taking.We identify the effect of expected bailout probabilities on risk taking using exclusion restrictions...
Persistent link: https://www.econbiz.de/10010306612
time series approach to intervention analysis. Limited supportfor the deterrent impact of parole abolition and sentence …
Persistent link: https://www.econbiz.de/10010324958
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970). The most powerful childhood...
Persistent link: https://www.econbiz.de/10010329089
-euro and yen-US dollar exchange rates in the desired direction on intervention days. Oral interventions are found to be …
Persistent link: https://www.econbiz.de/10011604409
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/10011604574