Dread of Depreciation : Measuring Real Exchange Rate Interventions /

We specify an empirical framework to detect the effects of official intervention on real exchange rate dynamics. Using data for 27 advanced and emerging market economies, we find evidence that interventions are a near-universal practice; almost all countries intervene when real exchange rates deprec...

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Bibliografiska uppgifter
Huvudupphovsman: Dutta, Jayasri
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2002.
Serie:IMF Working Papers; Working Paper ; No. 2002/063
Länkar:Full text available on IMF