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Journal Article
Intervention and the dollar
Humpage, Owen F.
(1988-09)
A study of U.S. intervention in the foreign exchange market between 1984 and 1987, concluding that exchange-rate stability among nations depends on fundamental macroeconomic policies, not intervention.
Economic Commentary
, Issue Sep
Working Paper
Yen bloc or dollar bloc: exchange rate policies of the East Asian economies
Frankel, Jeffrey A.; Wei, Shang-Jin
(1992)
Pacific Basin Working Paper Series
, Paper 93-01
Journal Article
A critique of monetary protectionism
Hoskins, W. Lee; Humpage, Owen F.
(1990-05)
An argument against attempts to achieve current-account objectives through monetary manipulation of nominal exchange rates, with an explanation of why such tampering--which for various reasons might appear politically attractive--ultimately harms economic welfare.
Economic Commentary
, Issue May
Journal Article
Foreign exchange intervention as a signal of monetary policy
Klein, Michael W.; Rosengren, Eric S.
(1991-05)
Recent experience with exchange rate management has rekindled interest in the efficacy of foreign exchange intervention. While there is broad evidence that sterilized intervention has no effect on the exchange rate through a portfolio balance channel, less evidence exists on the signalling role of intervention. This article considers the signalling role of intervention for the United States and West Germany between the 1985 Plaza Accord and the October 1987 stock market crash. ; An examination of the data shows that intervention observed by the foreign exchange market did not precede changes ...
New England Economic Review
, Issue May
, Pages 39-50
Journal Article
Regional effects of the peso devaluation
Mattey, Joe P.
(1995)
FRBSF Economic Letter
Report
The effectiveness of sterilized U.S. foreign exchange intervention, an empirical study based on the noise trading approach
Hung, Juann H.
(1991)
Research Paper
, Paper 9118
Conference Paper
The role of the exchange rate in New Zealand monetary policy
Grimes, Arthur; Wong, Jason
(1992)
Proceedings
Working Paper
Optimal exchange market intervention: evidence from France and West Germany during the post-Bretton Woods era
Cody, Brian J.
(1989)
Working Papers
, Paper 89-2
Journal Article
Depreciation = inflation?
Cheng, Hang-Sheng
(1977)
FRBSF Economic Letter
Conference Paper
Exchange rate policy and insulation from external shocks: the cases of Korea and Taiwan, 1970-1990
Moreno, Ramon
(1992)
Proceedings
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