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...
| Yazar: | |
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2002.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2002/063 |
| Online Erişim: | Full text available on IMF |