Exchange-Rate Swings and Foreign Currency Intervention /

This paper develops a new approach for exploring the effectiveness of foreign currency intervention, focusing on real exchange cycles. Using band spectrum regression methods, it examines the role of macroeconomic fundamentals in determining the equilibrium real exchange rate at short-, medium-, and...

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Bibliografiska uppgifter
Huvudupphovsman: Filardo, Andrew
Övriga upphovsmän: Gelos, R., McGregor, Thomas
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2022.
Serie:IMF Working Papers; Working Paper ; No. 2022/158
Ämnen:
Länkar:Full text available on IMF