Ledesma-Rodriguez, Francisco; Navarro-Ibanez, Manuel; … - In: Applied Economics 43 (2011) 10, pp. 1241-1255
This article attempts to identify implicit exchange rate regimes for the yen/dollar exchange rate. To that end, we apply a sequential procedure that considers both the dynamics of exchange rates and central bank interventions to data covering the period from 1971 to 2003. Our results suggest...