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The ineffectiveness of central bank intervention

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  • Almekinders, G.J.
  • Eijffinger, S.C.W.

    (Tilburg University, School of Economics and Management)

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  • Almekinders, G.J. & Eijffinger, S.C.W., 1994. "The ineffectiveness of central bank intervention," Other publications TiSEM 9f9b4890-d5b8-4e2d-9b9a-0, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:9f9b4890-d5b8-4e2d-9b9a-024c5462403d
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    References listed on IDEAS

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    1. Vella, Francis, 1993. "A Simple Estimator for Simultaneous Models with Censored Endogenous Regressors," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(2), pages 441-457, May.
    2. Eijffinger, S.C.W., 1991. "Empirical evidence on foreign exchange market intervention : Where do we stand?," Other publications TiSEM e280156a-07fa-4c3e-aa4f-6, Tilburg University, School of Economics and Management.
    3. Almekinders, Geert J & Eijffinger, Sylvester C W, 1994. "Daily Bundesbank and Federal Reserve Interventions: Are They a Reaction to Changes in the Level and Volatility of the DM/$-Rate?," Empirical Economics, Springer, vol. 19(1), pages 111-130.
    4. Almekinders, G.J. & Eijffinger, S.C.W., 1994. "Accounting for Daily Bundesbank and federal reserve intervention : A friction model with a GARCH application," Other publications TiSEM bb8b5e66-935c-47c4-93c9-a, Tilburg University, School of Economics and Management.
    5. Goodhart, Charles, 1988. "The Foreign Exchange Market: A Random Walk with a Dragging Anchor," Economica, London School of Economics and Political Science, vol. 55(220), pages 437-460, November.
    6. Hsieh, David A, 1989. "Modeling Heteroscedasticity in Daily Foreign-Exchange Rates," Journal of Business & Economic Statistics, American Statistical Association, vol. 7(3), pages 307-317, July.
    7. Loopesko, Bonnie E., 1984. "Relationships among exchange rates, intervention, and interest rates: An empirical investigation," Journal of International Money and Finance, Elsevier, vol. 3(3), pages 257-277, December.
    8. Kathryn M. Dominguez, 1993. "Does Central Bank Intervention Increase the Volatility of Foreign Exchange Rates?," NBER Working Papers 4532, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Eria Hisali, 2012. "The Efficacy Of Central Bank Intervention On The Foreign Exchange Market: Uganda'S Experience," Journal of International Development, John Wiley & Sons, Ltd., vol. 24(2), pages 185-207, March.
    2. Elvio Dal Bosco, 1998. "Central Banks' Management of Foreign Exchange Reserves," Open Economies Review, Springer, vol. 9(1), pages 665-684, January.
    3. Juan Camilo Medellín-Martínez, 2018. "Public Savings and the Effectiveness of Sterilized Foreign Exchange Intervention," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 36(85), pages 117-136, April.
    4. Christelle Lecourt & Helene Raymond, 2006. "Central bank interventions in industrialized countries: a characterization based on survey results," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 11(2), pages 123-138.
    5. King, Michael R, 2003. "Effective Foreign Exchange Intervention: Matching Strategies with Objectives," International Finance, Wiley Blackwell, vol. 6(2), pages 249-271, Summer.
    6. Michael R. King, 2003. "Effective Foreign Exchange Intervention: Matching Strategies with Objectives," International Finance, Wiley Blackwell, vol. 6(2), pages 249-271, July.

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