Shocks on the Romanian foreign exchange market before and after the global crisis
AbstractThis paper explores some changes induced on the Romanian foreign exchange market by the global crisis. We study these changes from the perspective of number and intensity of the shocks occurred before and after the global crisis. We found some significant differences, explainable not only by the direct effects of the crisis, but also by the intervention of the National Bank of Romania.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 36560.
Date of creation: 03 Jun 2011
Date of revision: 09 Feb 2012
Romanian Foreign Exchange Market; Shocks; Global Crisis; Monetary Policy; National Bank of Romania;
Find related papers by JEL classification:
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- G01 - Financial Economics - - General - - - Financial Crises
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-20 (All new papers)
- NEP-FMK-2012-02-20 (Financial Markets)
- NEP-MON-2012-02-20 (Monetary Economics)
- NEP-TRA-2012-02-20 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"Capital account liberalization, financial development and industry growth: A synthetic view,"
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Elsevier, vol. 30(6), pages 1090-1106, October.
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- George Fane, 2005. "Post-crisis monetary and exchange rate policies in Indonesia, Malaysia and Thailands," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 41(2), pages 175-195.
- Eichenbaum, Martin & Evans, Charles L, 1995. "Some Empirical Evidence on the Effects of Shocks to Monetary Policy on Exchange Rates," The Quarterly Journal of Economics, MIT Press, vol. 110(4), pages 975-1009, November.
- Krueger,Anne O., 1983. "Exchange-Rate Determination," Cambridge Books, Cambridge University Press, number 9780521273015, November.
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