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Unveiling the Effects of Foreign Exchange Intervention
			: A Panel Approach

Unveiling the Effects of Foreign Exchange Intervention : A Panel Approach »

Volume/Issue: 2015/130

Series: IMF Working Papers

Author(s): Gustavo Adler , Noemie Lisack , and Rui Mano

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2015

DOI: http://dx.doi.org/10.5089/9781513514864.001

ISBN: 9781513514864

Keywords: exchange rate, exchange, exchange rates, central bank,

We study the effect of foreign exchange intervention on the exchange rate relying on an instrumental-variables panel approach. We find robust evidence that intervention affects the level of the exchange rate in an...

Unveiling the Effects of Foreign Exchange Intervention

Unveiling the Effects of Foreign Exchange Intervention »

Source: Unveiling the Effects of Foreign Exchange Intervention : A Panel Approach

Volume/Issue: 2015/130

Series: IMF Working Papers

Author(s): Gustavo Adler , Noemie Lisack , and Rui Mano

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 June 2015

ISBN: 9781513514864

Keywords: exchange rate, exchange, exchange rates, central bank,

We study the effect of foreign exchange intervention on the exchange rate relying on an instrumental-variables panel approach. We find robust evidence that intervention affects the level of the exchange rate in an...