This paper investigates the intraday effects of unannounced foreign exchange intervention on bid-ask exchange rate spreads using official intraday intervention data provided by the Danish central bank. Our starting point is a simple theoretical model of the bid-ask spread which we use to...

Monetary Policy: Debate, Dissent and Discussion with Richard Fisher at the University of Southern California, Annenberg School for Communication and Journalism, Los Angeles, CA, July 16, 2014.

Remarks before the U.S.-Indian Chamber of Commerce, Dallas, TX, September 4, 2014.