The Curious Case of the Yen as a Safe Haven Currency : A Forensic Analysis /
During risk-off episodes, the yen is a safe haven currency and on average appreciates against the U.S. dollar. We investigate the proximate causes of yen risk-off appreciations. We find that neither capital inflows nor expectations of the future monetary policy stance can explain the yen's safe...
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| Andere auteurs: | , |
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2013/228 |
| Online toegang: | Full text available on IMF |