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Analysis of Recent Studies of the Effect of Foreign Exchange Interventions (ICPSR 1321)
Two recent strands of research have contributed to our understanding of the effects of foreign exchange intervention: (1) the use of high-frequency data and (2) the use of event studies to evaluate the effects of intervention. This article surveys recent empirical studies of the effect of foreign exchange intervention and analyzes the implicit assumptions and limitations of such work. After explicitly detailing such drawbacks, the paper suggests ways to better investigate the effects of intervention.
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Neely, Christopher J. Analysis of Recent Studies of the Effect of Foreign Exchange Interventions. ICPSR01321-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2005-11-28. http://doi.org/10.3886/ICPSR01321.v1
Persistent URL: http://doi.org/10.3886/ICPSR01321.v1
This study was funded by:
- Federal Reserve Bank of St. Louis. Research Division
Scope of Study
Subject Terms: foreign exchange
The file submitted is the data file 0511cnd.txt.
These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.
Original ICPSR Release: 2005-11-28
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